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Time HW #3--please fill out chart, thanks! Some extra tables to help answer question! Tom Thompson expects to invest $18,000 at 6% and, at the
Time HW #3--please fill out chart, thanks!
Some extra tables to help answer question!
Tom Thompson expects to invest $18,000 at 6% and, at the end of a certain period, receive $51,377. How many years will it be before Thompson receives the payment? (PV of $1. FV of $1. PVA of $1, and EVA of $1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Future Value Present Value Table Factor Years years
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