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(SLIDE 29)
PV
25000
2
8%
PV
25000
($29,160.00)
PMT EXAMPLE
FV
NPER(YEARS)
RATES
PMT
(SLIDE 33)
5000
5
10%
($818.99)
RATE (EXAMPLE)
PV
FV
NPER
(SLIDE 36)
TO CONFORMATION RATE :
500
1183.7
10
RATE ??
$1,183.70
9%
YUN PROBLEM
1 (a)
PV
RATES
YEARS
FV
1 (b)
2 (a)
20000
8%
5
20000
8%
15
20000
10%
5
($29,386.56)
($63,443.38)
($32,210.20)
How many years will the following take? $100 to grow to $672.75 if interested at 10% compound
NPER
PV
100
FV
RATE
672.75
10%
20
Situation 2
(SLIDE 29)
FV
NPER(YEARS)
Interest (RATES)
30000
2
8%
PV
($25,720.16)
NPER EXAMPLE
FV
NPER(YEARS)
RATES
PMT
2 (b)
20000
10%
15
($83,544.96)
10000
4.912044254
5%
1846.27
(SLIDE 34)