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Periods 18 1 2 3 28 38 0.9901 0.9804 0.9709 0.9615 0.9803 0.9612 0.9426 0.9246 0.9706 0.9423 0.9151 0.8890 4 4 0.9610 0.9238 0.8885
Periods 18 1 2 3 28 38 0.9901 0.9804 0.9709 0.9615 0.9803 0.9612 0.9426 0.9246 0.9706 0.9423 0.9151 0.8890 4 4 0.9610 0.9238 0.8885 0.8548 0.9515 0.9507 0.8626 0.8219 Use this partial present value of 1 table to determine how long it will take to obtain a future value of $11,249 assuming a present value of $10,000 and an interest rate of 4 percent. 2 periods O 3 periods O 4 periods O5 periods
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