Question: PLEASE SHOW WORK - EXAMPLE: (i.e., PV=-1000, I/Y=10%, N=30 solved for FV=17449.40). I want to be able to buy a car with cash in 4
PLEASE SHOW WORK - EXAMPLE: (i.e., PV=-1000, I/Y=10%, N=30 solved for FV=17449.40).
I want to be able to buy a car with cash in 4 years. I have $10,000 that I can invest today. I can get a bond earning 3%. How much will I have for the purchase?
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