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pls help asap Let's find two formula based on the below Time Value of Money equation. FV=PVx(1+r) Where: . FV: future value PV: present value
pls help asap
Let's find two formula based on the below Time Value of Money equation. FV=PVx(1+r) Where: . FV: future value PV: present value . r: discount rate t: number of years 1) Show how to get a formula to find a discount rate using the above equation. (Hint: Solve for r.) 2) Show how to get a formula to find the number of years using the above equation. (Hint: Solve fort)Step by Step Solution
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