Question
How do I enter this in my calculator to solve? 11. FV = PV(1+r/m)^ mt 10,000 = $4,476.20(1+r/1)^ (1*10) r = 8.37% I do not
How do I enter this in my calculator to solve?
11. FV = PV(1+r/m)^mt
10,000 = $4,476.20(1+r/1)^(1*10)
r = 8.37%
I do not get what to use for the i/y value in a financial caluclator for problems like this
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
