If you want to have $22,000 in eight years, how much do you have to deposit today
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If you want to have $22,000 in eight years, how much do you have to deposit today if your investment earns a rate of 6 percent per annum?
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China(CHL United States (USA) Lithuania (LTU) Pakistan(PAK) Year Official Consumer Official exchange price indexexchange price index exchange rate (LCU (2010 = 100) rate (LCU per US$, period average) Consumer price index Official exchange rate (LCU per (2010 = 100) US$, period average) Consumer price index Consumer Official (2010 = 100) rate (LCU 100) (2010 = per US$, period average) per US$, period average) 2004 51.14323 58.25786 84.99938 8.276801 86.62168 75.64654 2.780592 2005 55.77851 59.51448 86.50932 8.194317 89.56053 1 77.65759 2.774025 2006 60.19677 60.27134 87.93623 7.973438 92.44971 1 80.5613 2.752225 2007 64.77093 60.73852 92.17191 7.607533 95.08699 85.18325 2.523725 2008 77.91044 70.40803 97.63333 6.948655 98.73748 94.49027 2.357075 2009 88.54347 81.71289 96.9224 6.831416 98.38642 98.69796 2.484033 2010 100 85.19382 100 6.770269 100 100 2.606333 2011 111.9161 86.34338 105.5539 6.461461 103.1568 1 104.1303 2.4811 2012 122.7522 93.3952 108.3189 6.312333 105.2915 1 107.3479 2.686292 2013 132.1945 101.6289 111.158 6.195758 1 106.8338 108.4723 2.601008 1. 1. 1. 1, China(CHL United States (USA) Lithuania (LTU) Pakistan(PAK) Year Official Consumer Official exchange price indexexchange price index exchange rate (LCU (2010 = 100) rate (LCU per US$, period average) Consumer price index Official exchange rate (LCU per (2010 = 100) US$, period average) Consumer price index Consumer Official (2010 = 100) rate (LCU 100) (2010 = per US$, period average) per US$, period average) 2004 51.14323 58.25786 84.99938 8.276801 86.62168 75.64654 2.780592 2005 55.77851 59.51448 86.50932 8.194317 89.56053 1 77.65759 2.774025 2006 60.19677 60.27134 87.93623 7.973438 92.44971 1 80.5613 2.752225 2007 64.77093 60.73852 92.17191 7.607533 95.08699 85.18325 2.523725 2008 77.91044 70.40803 97.63333 6.948655 98.73748 94.49027 2.357075 2009 88.54347 81.71289 96.9224 6.831416 98.38642 98.69796 2.484033 2010 100 85.19382 100 6.770269 100 100 2.606333 2011 111.9161 86.34338 105.5539 6.461461 103.1568 1 104.1303 2.4811 2012 122.7522 93.3952 108.3189 6.312333 105.2915 1 107.3479 2.686292 2013 132.1945 101.6289 111.158 6.195758 1 106.8338 108.4723 2.601008 1. 1. 1. 1,
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Related Book For
Multinational Business Finance
ISBN: 978-0132743464
13th edition
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
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