Fundamentals Of Corporate Finance, Tenth Standard Edition
Fundamentals Of Corporate Finance, Tenth Standard Edition
10th Edition
ISBN: 9781121571938
Author: Westerfield, Jordan, 2013 Ross
Publisher: Mcgraw-Hill
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Chapter 5, Problem 20QP
Summary Introduction

To determine: The number of periods of investment

Introduction:

The number of periods of investment helps to understand the time required for the money to grow. Suppose a person knows the future value of cash he or she requires, then it is possible to find number of years required for the accumulation of future value. However, the person should know the present contribution and the interest on the contribution.

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