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What would the future value of $100 be after 5 years at 10% compound interest? N 5 I 10% PV $100 PMT $0 FV= Suppose
What would the future value of $100 be after 5 years at 10% compound interest? | |||||||
N | 5 | ||||||
I | 10% | ||||||
PV | $100 | ||||||
PMT | $0 | FV= | |||||
Suppose you currently have $2,000 and plan to purchase a 3-year certificate of deposit (CD) that pays 4% interest compounded annually. How much will you have when the CD matures? | |||||||
N | 3 | ||||||
I | 4% | ||||||
PV | $2,000 | ||||||
PMT | $0 | FV= | |||||
A companys sales in 2009 were $100 million. If sales grow at 8%, what will they be 10 years later? | |||||||
N | 10 | ||||||
I | 8% | ||||||
PV ($M) | $100 | ||||||
PMT | $0 | FV ($M)= | |||||
How much would $1, growing at 5% per year, be worth after 100 years? | |||||||
N | 100 | ||||||
I | 5% | ||||||
PV | $1 | ||||||
PMT | $0 | FV= | |||||
What would FV be if the growth rate were 10%? | |||||||
N | 100 | ||||||
I | 10% | ||||||
PV | $1 | ||||||
PMT | $0 | FV= |
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