Question
Using PV = $772,506, i = 1.25% and R = $10,386.55 in PV = R (1 - (1+i) -n )/i, how to transfer to the
Using PV = $772,506, i = 1.25% and R = $10,386.55 in PV = R (1 - (1+i)-n)/i,
how to transfer to the process n = log [R/(R - PV * i)]/log [1 + i] and get the answer 214?
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
