Solve for the unknown number of years in each of the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value $ 490 740 17,700 20,800 Years Interest Rate 10 % 11 % 16 % 13 % Future Value $ 1,252 1,670 216,050 262,330

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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Solve for the unknown number of years in each of the following: (Do not round
intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Present Value
$
490
740
17,700
20,800
Years
Interest Rate
10 %
11 %
16 %
13 %
Future Value
$
1,252
1,670
216,050
262,330
Transcribed Image Text:Solve for the unknown number of years in each of the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value $ 490 740 17,700 20,800 Years Interest Rate 10 % 11 % 16 % 13 % Future Value $ 1,252 1,670 216,050 262,330
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