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agrower interest rate of 18 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Time needed to double Time needed to triple years years

agrower interest rate of 18 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Time needed to double Time needed to triple years years

Essentials Of Investments
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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Appendix A Future value of $1, FV, Period 1 2 4 7 8 13 14 D 16 CNN AN ENTRAMAMAMARIN SRANAMANIANRAINAMAMAMANI BENDR MAMA ARATA NINAMAMAMÄNIR İHİBİNİNANSAINANSMAMAN ****** ERMENEMANIN ****** 18 BIRININTEN **** KÜCKMEKAIN ****** RAMAMAMANTE 3*3*3*3 30 40 50 ****** SMART S N Na 2005 1303344 31 1350350 IN 1.010 1.020 1.030 1.041 1.051 1.062 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.282 1.348 1.489 1.645 1.020 1.040 1.061 1.082 1.104 1.149 1.172 1.195 1,219 1.243 1.268 1.294 1.319 FV = PV(1 +/)" 1.346 1.373 1.400 1.457 1.486 1.641 1.811 2.208 2.692 1.030 1.061 1.093 1.126 1.230 1.267 1.305 1.384 1.426 1.469 1.513 1.558 1.605 1.653 1.702 1.754 1.806 2.094 3.262 4.384 1.040 1.082 1.125 1.170 1.217 1.369 1.423 1.480 1.601 1.665 1.801 1.873 1.948 2.026 2.107 2.191 3.243 4.801 1.050 1.103 1.158 1.340 1.407 1.477 1.710 1.796 1.886 1.980 2.079 2.183 2.292 2.527 2.653 3.386 4.322 7.040 11.467 Percent 1.060 1.124 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898 2.133 2.261 2.397 2.540 2.854 3.026 3.207 4.292 5.743 18.420 1.145 1.225 1.311 1.403 1.501 1.606 1.718 1.838 1.967 2.105 2.410 2.579 2.759 2.952 3.380 3.617 3.870 5.427 7.612 14.974 29.457 1.080 1.166 1.260 1.360 1.469 1.587 1.851 1.999 2.159 2.332 2.518 2.720 2.937 3.172 3.700 3.996 4.316 4.661 6.848 10.063 21.725 46.902 9% 1.090 1.188 1.677 2.172 2.367 2.580 2.813 3.342 4.328 4.717 5.604 8.623 13.268 31.409 74.358 1.100 1.210 1.464 1.611 2.358 2.594 2.853 3.138 3.452 3.797 4.595 5.054 5.560 6.116 10.835 117.39 Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 1.110 1.368 1518 1.685 1.870 2.076 2.305 3.152 3.498 3.883 4.310 4.785 5.895 6.544 7.263 8.062 13.585 22.892 65.001 184.57
Transcribed Image Text:Appendix A Future value of $1, FV, Period 1 2 4 7 8 13 14 D 16 CNN AN ENTRAMAMAMARIN SRANAMANIANRAINAMAMAMANI BENDR MAMA ARATA NINAMAMAMÄNIR İHİBİNİNANSAINANSMAMAN ****** ERMENEMANIN ****** 18 BIRININTEN **** KÜCKMEKAIN ****** RAMAMAMANTE 3*3*3*3 30 40 50 ****** SMART S N Na 2005 1303344 31 1350350 IN 1.010 1.020 1.030 1.041 1.051 1.062 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.282 1.348 1.489 1.645 1.020 1.040 1.061 1.082 1.104 1.149 1.172 1.195 1,219 1.243 1.268 1.294 1.319 FV = PV(1 +/)" 1.346 1.373 1.400 1.457 1.486 1.641 1.811 2.208 2.692 1.030 1.061 1.093 1.126 1.230 1.267 1.305 1.384 1.426 1.469 1.513 1.558 1.605 1.653 1.702 1.754 1.806 2.094 3.262 4.384 1.040 1.082 1.125 1.170 1.217 1.369 1.423 1.480 1.601 1.665 1.801 1.873 1.948 2.026 2.107 2.191 3.243 4.801 1.050 1.103 1.158 1.340 1.407 1.477 1.710 1.796 1.886 1.980 2.079 2.183 2.292 2.527 2.653 3.386 4.322 7.040 11.467 Percent 1.060 1.124 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898 2.133 2.261 2.397 2.540 2.854 3.026 3.207 4.292 5.743 18.420 1.145 1.225 1.311 1.403 1.501 1.606 1.718 1.838 1.967 2.105 2.410 2.579 2.759 2.952 3.380 3.617 3.870 5.427 7.612 14.974 29.457 1.080 1.166 1.260 1.360 1.469 1.587 1.851 1.999 2.159 2.332 2.518 2.720 2.937 3.172 3.700 3.996 4.316 4.661 6.848 10.063 21.725 46.902 9% 1.090 1.188 1.677 2.172 2.367 2.580 2.813 3.342 4.328 4.717 5.604 8.623 13.268 31.409 74.358 1.100 1.210 1.464 1.611 2.358 2.594 2.853 3.138 3.452 3.797 4.595 5.054 5.560 6.116 10.835 117.39 Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 1.110 1.368 1518 1.685 1.870 2.076 2.305 3.152 3.498 3.883 4.310 4.785 5.895 6.544 7.263 8.062 13.585 22.892 65.001 184.57
Appendix A Future value of $1, FV, Period 1 2 4 7 8 13 14 D 16 CNN AN ENTRAMAMAMARIN SRANAMANIANRAINAMAMAMANI BENDR MAMA ARATA NINAMAMAMÄNIR İHİBİNİNANSAINANSMAMAN ****** ERMENEMANIN ****** 18 BIRININTEN **** KÜCKMEKAIN ****** RAMAMAMANTE 3*3*3*3 30 40 50 ****** SMART S N Na 2005 1303344 31 1350350 IN 1.010 1.020 1.030 1.041 1.051 1.062 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.282 1.348 1.489 1.645 1.020 1.040 1.061 1.082 1.104 1.149 1.172 1.195 1,219 1.243 1.268 1.294 1.319 FV = PV(1 +/)" 1.346 1.373 1.400 1.457 1.486 1.641 1.811 2.208 2.692 1.030 1.061 1.093 1.126 1.230 1.267 1.305 1.384 1.426 1.469 1.513 1.558 1.605 1.653 1.702 1.754 1.806 2.094 3.262 4.384 1.040 1.082 1.125 1.170 1.217 1.369 1.423 1.480 1.601 1.665 1.801 1.873 1.948 2.026 2.107 2.191 3.243 4.801 1.050 1.103 1.158 1.340 1.407 1.477 1.710 1.796 1.886 1.980 2.079 2.183 2.292 2.527 2.653 3.386 4.322 7.040 11.467 Percent 1.060 1.124 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898 2.133 2.261 2.397 2.540 2.854 3.026 3.207 4.292 5.743 18.420 1.145 1.225 1.311 1.403 1.501 1.606 1.718 1.838 1.967 2.105 2.410 2.579 2.759 2.952 3.380 3.617 3.870 5.427 7.612 14.974 29.457 1.080 1.166 1.260 1.360 1.469 1.587 1.851 1.999 2.159 2.332 2.518 2.720 2.937 3.172 3.700 3.996 4.316 4.661 6.848 10.063 21.725 46.902 9% 1.090 1.188 1.677 2.172 2.367 2.580 2.813 3.342 4.328 4.717 5.604 8.623 13.268 31.409 74.358 1.100 1.210 1.464 1.611 2.358 2.594 2.853 3.138 3.452 3.797 4.595 5.054 5.560 6.116 10.835 117.39 Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 1.110 1.368 1518 1.685 1.870 2.076 2.305 3.152 3.498 3.883 4.310 4.785 5.895 6.544 7.263 8.062 13.585 22.892 65.001 184.57
Transcribed Image Text:Appendix A Future value of $1, FV, Period 1 2 4 7 8 13 14 D 16 CNN AN ENTRAMAMAMARIN SRANAMANIANRAINAMAMAMANI BENDR MAMA ARATA NINAMAMAMÄNIR İHİBİNİNANSAINANSMAMAN ****** ERMENEMANIN ****** 18 BIRININTEN **** KÜCKMEKAIN ****** RAMAMAMANTE 3*3*3*3 30 40 50 ****** SMART S N Na 2005 1303344 31 1350350 IN 1.010 1.020 1.030 1.041 1.051 1.062 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.282 1.348 1.489 1.645 1.020 1.040 1.061 1.082 1.104 1.149 1.172 1.195 1,219 1.243 1.268 1.294 1.319 FV = PV(1 +/)" 1.346 1.373 1.400 1.457 1.486 1.641 1.811 2.208 2.692 1.030 1.061 1.093 1.126 1.230 1.267 1.305 1.384 1.426 1.469 1.513 1.558 1.605 1.653 1.702 1.754 1.806 2.094 3.262 4.384 1.040 1.082 1.125 1.170 1.217 1.369 1.423 1.480 1.601 1.665 1.801 1.873 1.948 2.026 2.107 2.191 3.243 4.801 1.050 1.103 1.158 1.340 1.407 1.477 1.710 1.796 1.886 1.980 2.079 2.183 2.292 2.527 2.653 3.386 4.322 7.040 11.467 Percent 1.060 1.124 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898 2.133 2.261 2.397 2.540 2.854 3.026 3.207 4.292 5.743 18.420 1.145 1.225 1.311 1.403 1.501 1.606 1.718 1.838 1.967 2.105 2.410 2.579 2.759 2.952 3.380 3.617 3.870 5.427 7.612 14.974 29.457 1.080 1.166 1.260 1.360 1.469 1.587 1.851 1.999 2.159 2.332 2.518 2.720 2.937 3.172 3.700 3.996 4.316 4.661 6.848 10.063 21.725 46.902 9% 1.090 1.188 1.677 2.172 2.367 2.580 2.813 3.342 4.328 4.717 5.604 8.623 13.268 31.409 74.358 1.100 1.210 1.464 1.611 2.358 2.594 2.853 3.138 3.452 3.797 4.595 5.054 5.560 6.116 10.835 117.39 Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 1.110 1.368 1518 1.685 1.870 2.076 2.305 3.152 3.498 3.883 4.310 4.785 5.895 6.544 7.263 8.062 13.585 22.892 65.001 184.57
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