My understanding is that it should be:
PV = $120,000 (money PUT IN account)
PMT = $8,000 (money GOING IN account)
N = 30 (number of years)
FV = -$1,500,000 (money COMING OUT of account at the end, or a final 'payment')
Alternatively, you could vie…
Question regarding AnalystNotes. Rachel Bryant swore by them in her "Direct Path to the CFA Charter". She leaned on them heavily for L1. Admittedly being a bit cheap when it comes to the 3rd party study guides.
I started super-early in November, took a break through christmas and new year, restarted in February. I'm just done with the notes, planning on going through the secret sauce revision material before starting on practice exams.
My degree is in ant…