Answered: Future amount Desired: $14,000 length…

Future amount Desired: $14,000 length of time:5 years rate compounded: 6% quarterly Table periods: Rate used: P.V.Factor: P.V Amount:

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 18E

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Question

Future amount Desired: $14,000

length of time:5 years

rate compounded: 6% quarterly

Table periods:

Rate used:

P.V.Factor:

P.V Amount:

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