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 6% $ 1,284 810 9 4,341 18,400 7 234,162 21,500 10 215,000

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

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

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Question Posted: Sep 14, 2020 01:04 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 6% $ 1,284 810 9 4,341 18,400 7 234,162 21,500 10 215,000

Step by Step Answer:

Present value Years Interest Future value 625 1236 6 ...View the full answer

Corporate Finance Core Principles and Applications

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