An investor estimates that he will make a $10 million investment five years from now. The rate
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An investor estimates that he will make a $10 million investment five years from now. The rate of return on plan assets has been estimated at 9 percent per year. The investor wants to know the value of this investment 15 years from now if the interest is compounded quarterly.
Can you help me with what excel formula I should use?
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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