Question
Solve for the unknown number of years in each of the following (Enter rounded answers as directed, but do not use the rounded numbers in
Solve for the unknown number of years in each of the following (Enter rounded answers as directed, but do not use the rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)):
| Present Value | Years | Interest Rate | Future Value | |||||||||||
| $ | 450 | 8 | % | $ | 1,305 | |||||||||
| 2,141 | 6 | 3,900 | ||||||||||||
| 33,205 | 11 | 389,120 | ||||||||||||
| 32,900 | 18 | 204,260 | ||||||||||||
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Fundamentals Of Investments
Authors: Charles J. Corrado
3rd Edition
0072829192, 978-0072829198
