In TVM PDF, under funding a future obligation, the amount of 9476 is required only at the end of 4th year then why we calc annual investment amount so as to get the lumpsum amount at the end of 3rd year itself? why not calc to receive the amount at the end of 4th year ?
Hi Tarun,
Thanks for pointing this out. We will update the PDF shortly.
Thanks,
Ashish
Hi Tarun, We have updated the PDF and the IPython notebook. Please take a look.