Problem

Calculating the Number of Periods. Solve for the unknown number of years in each of the fo...

Calculating the Number of Periods. Solve for the unknown number of years in each of the following:

Present Value

Years

Interest Rate

Future Value

$ 250

 

9%

$ 1,105

1,941

 

7

3,700

32,805

 

12

387,120

32,500

 

19

198,212

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Solutions For Problems in Chapter 4