Question: For using the EXCEL spreadsheet, how would I grab nper= 50? When I input any number over 30 years it throws a !NUM error to
For using the EXCEL spreadsheet, how would I grab nper= "50"? When I input any number over 30 years it throws a "!NUM" error to which I am not sure why.
So, if you could show me how to get this answer along with how to input a number over 30 in Excel, I would appreciate it.
Interest rate with annuity. What are you getting in terms of interest rate if you are willing to pay $14,000 today for an annual stream of payments of $2,400 for the next 10 years? The next 20 years? The next 50 years? Forever? G. What are you getting in terms of interest rate if you are willing to pay $14,000 today for an annual stream of payments of $2,400 for the next 10 years? 11.23 % (Round to two decimal places.) What are you getting in terms of interest rate if you are willing to pay $14,000 today for an annual stream of payments of $2,400 for the next 20 years? 16.31 % (Round to two decimal places.) What are you getting in terms of interest rate if you are willing to pay $14,000 today for an annual stream of payments of $2,400 for the next 50 years? % (Round to two decimal places
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