I'm currently reading through the ASM manual, and I'm on the chapter dealing with Block Annuities and Perpetuitys. So far I've been getting by but I started this problem set and I just can't figure it out.
I feel like I have a hard time understanding the block method, but when I do the problems it says to do during the chapter I get how to do it, but during the practice problems it's just not clicking.
Does anyone have any helpful advice on these sort of problems other than drawing the time diagram? I feel like I just don't really get the concept of it and that's throwing me off.
I feel like I have a hard time understanding the block method, but when I do the problems it says to do during the chapter I get how to do it, but during the practice problems it's just not clicking.
Does anyone have any helpful advice on these sort of problems other than drawing the time diagram? I feel like I just don't really get the concept of it and that's throwing me off.
Confused on how to approach Annuity/Perpetuity problems
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