Question
If you were to invest $0 today and $1200 per week (END mode) in an investment that offers a 9.0% APR (weekly compounding), how much
If you were to invest $0 today and $1200 per week (END mode) in an investment that offers a 9.0% APR (weekly compounding), how much would you have in 8 years.
A. Please show your answer and Excel/calculator inputs.
B. In 8 years, if you reinvested the FV (now as a PV), what would you have in 2 more years, assuming a 7.00% APR and daily compounding?
C. How would you mathematically (starting with first few cash flows) interpret your answer to Part A?
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Financial Analysis with Microsoft Excel
Authors: Timothy R. Mayes, Todd M. Shank
7th edition
1285432274, 978-1305535596, 1305535596, 978-1285432274
