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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 | |||||||
$ | 550 | 10 | % | $ | 1,488 | |||||
800 | 11 | 1,922 | ||||||||
18,300 | 16 | 244,179 | ||||||||
21,400 | 13 | 290,433 | ||||||||
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