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Problem 5-5 Calculating the Number of Periods [LO4] Solve for the unknown number of years in each of the following: (Do not round intermediate calculations

Problem 5-5 Calculating the Number of Periods [LO4]

Solve for the unknown number of years in each of the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Present Value Years Interest Rate Future Value
$580 10 % $1,614
830 11 % 2,058
18,600 16 % 259,482
21,700 13 % 305,503

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