olve for the unknown number of years in each of the following: ote: Do not round intermediate calculations and round your answers to 2 decimal places, e. Present Value $ 1,100 2,791 34,505 34,200 Years Interest Rate 11 % 9 % 14 % 21 % Future Value $ 1,955 4,550 395,620 223,916
olve for the unknown number of years in each of the following: ote: Do not round intermediate calculations and round your answers to 2 decimal places, e. Present Value $ 1,100 2,791 34,505 34,200 Years Interest Rate 11 % 9 % 14 % 21 % Future Value $ 1,955 4,550 395,620 223,916
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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![Problem 4-5 Calculating the Number of Periods [LO 4]
Solve for the unknown number of years in each of the following:
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.
Present Value
$
1,100
2,791
34,505
34,200
Years
Interest Rate
11 %
9 %
14 %
21 %
Future Value
$
1,955
4,550
395,620
223,916](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7bd6ad3e-1a9b-4e98-abdd-1a378e096e4c%2F5e357743-2634-4fb9-a9fe-eff3375982d5%2Fg5gqj9h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 4-5 Calculating the Number of Periods [LO 4]
Solve for the unknown number of years in each of the following:
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.
Present Value
$
1,100
2,791
34,505
34,200
Years
Interest Rate
11 %
9 %
14 %
21 %
Future Value
$
1,955
4,550
395,620
223,916
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