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FV N = PV (1+ i) n If : FV n = future value in year n, PV= Present value, I= annual rate, N= number
FVN= PV (1+ i)n
If : FVn= future value in year n, PV= Present value, I= annual rate, N= number of years
Solve the equation for i (annual rate) Solve for the equation for n (number of years)
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Personal Finance
Authors: McGraw Hill
Student Edition
0078958393, 978-0078958397
