Amount desired at End of Period: $31,000 Length of time(years) : 10 Annual Rate: 8%Compounding periods per year: 2 1. Number of compound periods - 2. Period interest rate- 3 PV factor used- 4. PV of amount desired at the end of period-
Amount desired at End of Period: $31,000 Length of time(years) : 10 Annual Rate: 8%Compounding periods per year: 2 1. Number of compound periods - 2. Period interest rate- 3 PV factor used- 4. PV of amount desired at the end of period-
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Amount desired at End of Period: $31,000
Length of time(years) : 10
Annual Rate: 8%
Compounding periods per year: 2
1. Number of compound periods -
2. Period interest rate-
3 PV factor used-
4. PV of amount desired at the end of period-
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