Question: help What is the future worth 7 years from now of a present cost of 150,000 at an interest rate of 0.06 per year? Your

 help What is the future worth 7 years from now of

help

What is the future worth 7 years from now of a present cost of 150,000 at an interest rate of 0.06 per year? Your Answer: 150630 $ Answer units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!