Question: 2. Future Value=3000, Present Value=1000, interest rate=8%, Compoundings p.y =365, solve for Time. In In 2009 Inc b. d. 365* 365*In 365*1n*(1+ 365*In(1+ In(1+ 3000

2. Future Value=3000, Present Value=1000, interest rate=8%, Compoundings p.y =365, solve for Time. In In 2009 Inc b. d. 365* 365*In 365*1n*(1+ 365*In(1+ In(1+ 3000 3000 1000 1+.08 365 a. C. 1000 .08 365 In 1000 .08 365 1000 .08 365
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
