Solve for the unknown number of years in each of the following: Present Value Years Interest Rate

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Solve for the unknown number of years in each of the following:

Present Value Years Interest Rate Future Value $ 625 7% $ 1,284 810 10 4,341 18,400 8 234,162 21,500 13 215,000

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Nov 13, 2020 03:15 AM

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Solve for the unknown number of years in each of the following: Present Value Years Interest Rate

Question:

Present Value Years Interest Rate Future Value $ 625 7% $ 1,284 810 10 4,341 18,400 8 234,162 21,500 13 215,000

Step by Step Answer:

To answer this question we can use either the FV or the PV formula Both will give the same answ...View the full answer

Corporate Finance Core Principles And Applications

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