Fundamentals of Corporate Finance with Connect Access Card
Fundamentals of Corporate Finance with Connect Access Card
11th Edition
ISBN: 9781259418952
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 5, Problem 20QP
Summary Introduction

To determine: The number of periods of investment

Introduction:

The number of periods of investment helps to understand the time required for the money to grow. Suppose a person knows the future value of cash he or she requires, then it is possible to find number of years required for the accumulation of future value. However, the person should know the present contribution and the interest on the contribution.

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