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 $ 500 2,191 33,305 33,000 Years Interest Rate 9% 7% 12% 19 % Future Value $ 1,355 3,950 389,620 205,772

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
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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
$
500
2,191
33,305
33,000
Years
+
Interest Rate
9 %
7%
12 %
19 %
Future Value
$
1,355
3,950
389,620
205,772
Transcribed Image Text:es 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 $ 500 2,191 33,305 33,000 Years + Interest Rate 9 % 7% 12 % 19 % Future Value $ 1,355 3,950 389,620 205,772
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