Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Time value of money practice problems. How would you solve these using a financial calculator? What values would you enter for N, I/YR, PV, PMT, and FV ?
*assume coporate bonds pay 2x annually and have a FV on $1000
a) Calculate the FV of depositing $4,000 for each of the next 10 years earning 8%.
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