Number of years to provide a given return In the information given in following case, determine the number of years that the given oridinary annuity cash flows must continue in order to provide the rate of return on the initial amount Initial amount $185,500 Annual cash flow $71,963 Rate of return 14% The number of investment years, n, is enter your response here years.
Number of years to provide a given return In the information given in following case, determine the number of years that the given oridinary annuity cash flows must continue in order to provide the rate of return on the initial amount Initial amount $185,500 Annual cash flow $71,963 Rate of return 14% The number of investment years, n, is enter your response here years.
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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Number of years to provide a given return In the information given in following case, determine the number of years that the given oridinary
Initial amount $185,500
Annual cash flow $71,963
Rate of return 14%
The number of investment years, n, is enter your response here years.
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