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What's the future value of $12,250 after 7 years if the appropriate interest rate is 4%, compounded quarterly? N = I/YR = PV = PMT
What's the future value of $12,250 after 7 years if the appropriate interest rate is 4%, compounded quarterly?
N = I/YR = PV = PMT = FV =
? =
NOTE: These are financial calculator problems and must adhere to a precise format. All variables (N, I/Y, PV, PMT, FV) must be listed and have a value provided (use a ? for the unknown you are solving for). For your final answer, put ? = (your answer). If you switch to BEGIN mode, you must indicate that you have done so (putting BGN is sufficient).
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