4. Solve the unknown number of years. Do not round intermediate calculations and round your final Answer to 2 decimal places Present Value $ 560 810 18,400 21,500 Years Interest Rate 9% 10 15 17 Future Value $ 1,284 4,341 364,518 173,439
4. Solve the unknown number of years. Do not round intermediate calculations and round your final Answer to 2 decimal places Present Value $ 560 810 18,400 21,500 Years Interest Rate 9% 10 15 17 Future Value $ 1,284 4,341 364,518 173,439
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:4. Solve the unknown number of years. Do not round intermediate calculations and round your final
Answer to 2 decimal places
Present Value
$
560
810
18,400
21,500
Years
Interest Rate
9%
10
15
17
Future Value
$ 1,284
4,341
364,518
173,439
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