Calculating the Number of Periods Solve for the unknown number of years in each of the following: Present Value Years Interest Rate Future Value $ 195 8% $ 873 2,105 11 3,500 326,500 47,800 10 38,650 15 213,380

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
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LO 4
5. Calculating the Number of Periods
in each of the following:
Solve for the unknown number of years
Present Value
Years
Interest Rate
Future Value
24
195
8%
%24
873
2,105
47,800
11
3,500
10
326,500
38,650
15
213,380
Transcribed Image Text:LO 4 5. Calculating the Number of Periods in each of the following: Solve for the unknown number of years Present Value Years Interest Rate Future Value 24 195 8% %24 873 2,105 47,800 11 3,500 10 326,500 38,650 15 213,380
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