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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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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
