The following exponential growth equation is used to calculate a given quantity's growth over a set period of time: F=P(1+r/100)n Match the letters in the equation to the term that it is representing:                                                             F                                                             P                                                             R                                                             N A. initial value B. final value C. interest rate D. years

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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The following exponential growth equation is used to calculate a given quantity's growth over a set period of time: F=P(1+r/100)n

Match the letters in the equation to the term that it is representing:

                                                           

F

                                                           

P

                                                           

R

                                                           

N

A.

initial value

B.

final value

C.

interest rate

D.

years

The following exponential growth equation is used to calculate a given quantity's growth over a set period of time: F=P(1+r/100)"
Match the letters in the equation to the term that it is representing:
F
A. initial value
P
B. final value
C. interest rate
D. years
Transcribed Image Text:The following exponential growth equation is used to calculate a given quantity's growth over a set period of time: F=P(1+r/100)" Match the letters in the equation to the term that it is representing: F A. initial value P B. final value C. interest rate D. years
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