Solve for the unknown number of years in each of the following: (Do not intermediate calculations and round your answers to 2 decimal places, e.g., 32.10 Present Value $ 570 820 Years 10.33 8.27 Interest Rate 8 % 12 % Future Value $ 1,293 2,173

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Solve for the unknown number of years in each of the following: (Do not rou
intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value
570
820
18,500
21,600
Years
10.33
8.27
24.77
24.01
Interest Rate
8%
12 %
18 %
14 %
Future Value
$
1,293
2,173
343,880
363,176
Transcribed Image Text:Solve for the unknown number of years in each of the following: (Do not rou intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value 570 820 18,500 21,600 Years 10.33 8.27 24.77 24.01 Interest Rate 8% 12 % 18 % 14 % Future Value $ 1,293 2,173 343,880 363,176
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