Business
Finance
Fill in the number of periods for the following table.

Fill in the number of periods for the following table. a. Using the waiting period formula, n

Question:

Fill in the number of periods for the following table.
a. Using the waiting period formula, n = ln(FV/PV) / ln(1+r).
b. Using the time value of money keys or function from a calculator orspreadsheet.

Transcribed Image Text:

| Present Value | Future Value | lnterest Rate | Number of Periods $800.00 1,609.76 6% 9% 12% 28% | S35,000.00 S3,256,783.97 $17,843.09 $100,000.00 | $25,410.99 S300,000.00

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 56% (16 reviews)

Solutions with TVM Keys or Spreadsheet Present Value Future Value Interes...View the full answer

Answered By

Ashish Bhalla

I have 12 years work experience as Professor for Accounting, Finance and Business related subjects also working as Online Tutor from last 8 years with highly decentralized organizations. I had obtained a B.Com, M.Com, MBA (Finance & Marketing). My research interest areas are Banking Problem & Investment Management. I am highly articulate and effective communicator with excellent team-building and interpersonal skills; work well with individuals at all levels.

4.80+ 17+ Reviews 46+ Question Solved

Related Book For book-img-for-question

Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

See More Books

Question Posted: May 08, 2014 07:04 AM

See More Questions

Students also viewed these Finance questions

The function that models the growth in the number of billions of cubic feet of shale-natural gas in China, with x as the number of years after 2010, is y = 0.0117(1.75x) Find the year when the number...
A department-store manager is interested in the number of complaints received by the customer-service department about the quality of electrical products sold by the store. Records over a 5-week...
Sanjana and Alok were partners in a firm sharing profit and losses in the ratio 3:2. On 31st March, 2018 their Balance Sheet was as follows: Balance Sheet of Sanjana and Alok as on 31-3-2018 Amount...
A contractor has the opportunity to choose between building a house or doing two extension works in the next 6 months. If you build the house and sell it, you can make $25,000. However, if the...
A population of bacteria has per capita production r < 1, and 1.0 x 106 bacteria are added each generation. What happens to the equilibrium if r = 0? What happens if r is close to 1? Do these results...
In the Midterm Exam of your favorite derivatives pricing course, a really clever student erroneously constructed a K1-K2 strangle by using in-the-money options. Specifically, he bought a call option...
Suppose that the probabilities are $0.2466,0.3452$, $0.2417,0.1128,0.0395,0.0111,0.0026$, and 0.0005 that there will be $0,1,2,3,4,5,6$, or 7 polluting spills in the Great Lakes on any one day....
Using the information from RE3-7, prepare Gold fingers closing entries for the current year. In RE3-7 Gold finger Corporation had account balances at the end of the current year as follows: sales...
The 2023 annual report of Kingbird Inc. contains the following information (in thousands): Dec. 31, 2023 Dec. 31, 2022 Total assets $1,070,000 $790,000 Total liabilities 626,178 410,044 Consolidated...
Cheryl Sounders, the owner of Abruzzi, is currently developing a budget spreadsheet to explore the impact of various sales goals on production. In 2011, the company had monthly sales as follows:...
A famous disease control scientist is trying to determine the potential infected population of the new West Columbia flu. Two weeks ago, the first patient showed up with the disease. Four days later,...
Jamal is waiting to be a millionaire. He wants to know how long he must wait if a. He invests $24,465.28 at 16% today b. He invests $47,101.95 at 13% today c. He invests $115,967.84 at 9% today d. He...
Describe and apply effective techniques for delivering bad news within organizations.
Pick a product and expand upon each of the factors that get attention by providing an example (using the same product throughout your discussion). Also answer the question, "As a marketer, do you...
How does a retail business design and implement a successful CRM program. What steps do they have to take to design the program?
How does Functionalism approach the analysis of social change and adaptation, particularly in understanding the processes by which societies evolve and adapt to internal and external pressures while...
The Yo-Yo Corporation tries to determine the appropriate cost for retained earnings to be used in capital budgeting analysis. The firm's beta is 0.61. The rate on six-month T-bills is 2.63%, and the...
Based on the facts in the case and your own external research (using the Sheridan Library databases), outline two CATEGORY TRENDS that should be considered when building your communication plan, and...
Discuss the following statement: The breakdown of barriers to interstate and intrastate banking means that competition in banking is decreasing.
A regular deposit of $100 is made at the beginning of each year for 20 years. Simple interest is calculated at i% per year for the 20 years. At the end of the 20-year period, the total interest in...
What is a well-designed source document?
What are the five stages of a business life cycle? Do all companies go through all five stages?
According to the U.S. Census Bureau's Business Information Tracking System, what is the failure rate of companies over the first six years?
Banker's acceptance supports lending for what type of activities? Explain how collateral works in a banker's acceptance arrangement.
respond to the following : Hi Kassim, "Given that you have successfully applied these steps to pay down your car loan faster, how would you adapt this financial plan if you were to encounter a...
The Impact of Artificial Intelligence in the Accounting Profession: Challenges and Opportunities: The accounting profession has been undergoing significant transformations with the advent of...
The following is an alphabetical list of accounts and balances for J. Robinson, proprietorship at June 30, 2024 Accounts Payable $13,300 Notes Payable $31, 800, Accounts Receivable $10, 850 Prepaid...

Vital Health Statistics Series 11 No 110 Intellectual Development Of Children By Demographic And Socioeconomic Factors 1st Edition - ISBN: 1249115795 - Free Book

Study smarter with the SolutionInn App