Calculating the Number of Periods you expect to receive $10,000 at graduation in two years. You plan
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Calculating the Number of Periods you expect to receive $10,000 at graduation in two years. You plan on investing it at 11 percent until you have $100,000. How long will you wait from now?
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To answer this question we can use either the FV or the PV formula Both will give th...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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