Question
..Please write all the steps...................... You may Use financial functions in excel or PV = FV * 1 / (1+i)^n FV = pV * 1
..Please write all the steps......................
You may Use financial functions in excel or PV = FV * 1 / (1+i)^n FV = pV * 1 / (1+i)^n P = present, V = value, F= future.
a. What will 82,000 grow to be in 11 years if its is invested today at 8% and the interest rate is compounded monthly.
b.How many years it take for 136,000 to grow to 468,000 if it is invested in an account with an annual interest rate of 8%?
c. At what interest rate must 112,000 be invested so that it will be worth 392,000 in 14 years.
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
