Question
A FV of $25,000 is worth a PV of $10,000 today. Assuming a rate of return of 9.5% per year, how many years were involved
A FV of $25,000 is worth a PV of $10,000 today. Assuming a rate of return of 9.5% per year, how many years were involved in the calculation (NPER) of the PV?
Group of answer choices
-10.10 years (negative)
9.00 years
11.00 years
10.10 years
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The Financialized Economy
Authors: Alexander Styhre
1st Edition
0367754568, 978-0367754563
