Question
Find the interest rate implied by the following combination of present and future values. present value years future value interest rate $410 12 $825 ?
Find the interest rate implied by the following combination of present and future values.
present value | years | future value | interest rate |
$410 | 12 | $825 | ? |
$188 | 5 | $289 | ? |
$310 | 8 | $310 | ? |
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Get StartedRecommended Textbook for
Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
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