Question
I currently have $65,381 to deposit today in a savings account that earns 15% annual return. Identify the details below that I need in order
I currently have $65,381 to deposit today in a savings account that earns 15% annual return. Identify the details below that I need in order to determine how many years it will be until I have $200,000 if the interest is compounded annually.
What table must I use to find the relevant factor?
- Future value of single-sum
- Present value of single-sum
- Future value of ordinary annuity
- Present value of ordinary annuity
What is the interest rate to find the relevant factor?
What are the number of years (n) until I have $200,000?
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Audit Risk In The Operation Of EDF Financed Projects
Authors: Koffi Rufin Kouame
1st Edition
6205912651, 978-6205912652
