Solve for the unknown number of years in each of the following: Present Value Future Value $

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Solve for the unknown number of years in each of the following:

Present Value Future Value $ 1,389 1,821 289,715 Years Interest Rate 560 7% 8 810 18,400 11 430,258 21,500

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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Question Posted: Jul 17, 2019 09:05 AM

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Solve for the unknown number of years in each of the following: Present Value Future Value $

Question:

Present Value Future Value $ 1,389 1,821 289,715 Years Interest Rate 560 7% 8 810 18,400 11 430,258 21,500

Step by Step Answer:

To answer this question we can use either the FV or the PV formula Both will give the same answer s...View the full answer

Fundamentals of Corporate Finance

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