Question: What will the US debt be in the future, using FV formula at the current national debt of $ 3 4 , 0 6 4

What will the US debt be in the future, using FV formula at the current national debt of $34,064,746,544,018.00 increasing .75% yearly for the next 5 years.

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!