Question
Solve for the unknown number of years in each of the following ( Enter rounded answers as directed, but do not use rounded numbers in
| Solve for the unknown number of years in each of the following (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): |
| Present Value | Years | Interest Rate | Future Value | |||||||||||
| $ | 195 | 9 | % | $ | 1,105 | |||||||||
| 2,105 | 7 | 3,700 | ||||||||||||
| 47,800 | 12 | 387,120 | ||||||||||||
| 38,650 | 19 | 198,212 | ||||||||||||
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Financial Management Principles And Applications
Authors: Dr. S. Kr. Paul, Prof. Chandrani Paul
1st Edition
1647251664, 9781647251666
