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Unformatted text preview: ..right?) If you walk away you still have that sinking feeling in your stomach that you were wrong but are at a loss as a way to prove it. ... How about this. ... since all of the 4 pieces of information you now have are interrelated why not pick a different 3 pieces of information (from the 4 given) to solve for a different 4th piece? Try this, enter in the PV (don't forget this is a negative) and the FV and, say the Years, N. ..then compute for the remaining piece that you already know, the IY. ... So when you hit IY it should come up with what you started with in the initial problem. ... If it does, you know the FV you came up with previously was right!!!! I hope this helps!...
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This note was uploaded on 12/13/2010 for the course GM 400 taught by Professor - during the Spring '10 term at Keller Graduate School of Management.
- Spring '10