Question: Part 1 In a MS-Word document (Document 1), identify what type of TVM problem(s) are being used from the following list: Present value Future value

Part 1 In a MS-Word document (Document 1), identify what type of TVM problem(s) are being used from the following list:

Present value Future value Present value of an annuity Future value of an annuity Annuity of a present value Interest rate

Using your financial calculator, answer the question and list the keystrokes used to solve the problem:

Greshak Corp. reports the following revenues:

2015 $10,000,000 2016 $11,250,000 2017 $12,500,000 2018 $13,500,000 2019 $12,750,000 2020 $12,900,000

What was Greshaks compound annual growth rate (CAGR) in revenues over the 6-year period 2015 through 2020?

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