Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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16- -1. II. Formula: Finding Rate/Finding Time ¡=m 100 log F P mlog(1+i) 3. How long will it take for P1,250,000 to grow to P1,630,000 if it is invested at 12% converted monthly?
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Transcribed Image Text:16- -1. II. Formula: Finding Rate/Finding Time ¡=m 100 log F P mlog(1+i) 3. How long will it take for P1,250,000 to grow to P1,630,000 if it is invested at 12% converted monthly?
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