he following four investment cases are missing the value of one key argument. Solve for the unknown argument in each separate c Note: Round your answers to the nearest whole number or percentage point. Note: Do not use a negative sign (-) with your answers. ZATE (a) PER Investment 1 0% 8 (b) Investment 2 6% 0 Investment 3 6% Investment 4 5% 3

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
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Part Two-Solving for Unknown Argument
The following four investment cases are missing the value of one key argument. Solve for the unknown argument in each separate case. Assume interest is compounded annually
•Note: Round your answers to the nearest whole number or percentage point.
•Note: Do not use a negative sign (-) with your answers.
RATE (a)
NPER
PV
FV
Investment 1
0%
8 (b)
$(6,400)
$9,600
Investment 2
6%
0
Investment 3
6%
4
0
$3,120 (d) $
$(6,187) (c) $
$8,280
Investment 4
5%
3
$(8,000)
0
Transcribed Image Text:Part Two-Solving for Unknown Argument The following four investment cases are missing the value of one key argument. Solve for the unknown argument in each separate case. Assume interest is compounded annually •Note: Round your answers to the nearest whole number or percentage point. •Note: Do not use a negative sign (-) with your answers. RATE (a) NPER PV FV Investment 1 0% 8 (b) $(6,400) $9,600 Investment 2 6% 0 Investment 3 6% 4 0 $3,120 (d) $ $(6,187) (c) $ $8,280 Investment 4 5% 3 $(8,000) 0
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