A Uniform series estimating the economic worth F(Future value) when A is given is calculated using: O a. F=F(A/F.in) O b. F=A(F/Ain) Oc F=A(A/Fin) O d. F-A(A/F.ni) We want to invest money now so that we can pay 10,000$ for an equipment 3 years from now. What factor should we use in order to find the needed amount at an interest rate of 10% per year? O a. (P/F,10 %,3) O b. (F/P,10%,3) OC (P/A, 10 %,3) O d. (P/F.3,10 %)
A Uniform series estimating the economic worth F(Future value) when A is given is calculated using: O a. F=F(A/F.in) O b. F=A(F/Ain) Oc F=A(A/Fin) O d. F-A(A/F.ni) We want to invest money now so that we can pay 10,000$ for an equipment 3 years from now. What factor should we use in order to find the needed amount at an interest rate of 10% per year? O a. (P/F,10 %,3) O b. (F/P,10%,3) OC (P/A, 10 %,3) O d. (P/F.3,10 %)
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:A Uniform series estimating the economic worth F(Future value) when A is given is calculated using:
O a. F=F(A/F.in)
O b. F=A(F/Ain)
OC F=A(A/F.i.n)
O d. F=A(A/F,n,i)
We want to invest money now so that we can pay 10,000$ for an equipment 3 years from now. What factor should we use in order to find the needed amount at an interest rate of 10% per year?
O a. (P/F,10 %,3)
O b. (F/P,10 %,3)
OC (P/A, 10 %,3)
O d. (P/F,3,10 %)
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