Amount desired at end of period: $79,000 length of time(years) 5 Annual Rate: 10%compounding periods per year: 2 1. Number of compounding periods- 2. Periodic interest rate- 3. PV factor used- 4. PV of amount desired at end of period-

Amount desired at end of period: $79,000 length of time(years) 5 Annual Rate: 10%compounding periods per year: 2 1. Number of compounding periods- 2. Periodic interest rate- 3. PV factor used- 4. PV of amount desired at 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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Question

Amount desired at end of period: $79,000

length of time(years) 5

Annual Rate: 10%
compounding periods per year: 2

1. Number of compounding periods-

2. Periodic interest rate-

3. PV factor used-

4. PV of amount desired at end of period-

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