Question: For chapter 5 hw question 2 ,when solving the unknown number of years, I was wondering how you get the t= answer, i understand fv/pv
For chapter 5 hw question 2 ,when solving the unknown number of years, I was wondering how you get the t= answer, i understand fv/pv and when i divide in(1+r) together with fv/pv i get a different number for time
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
