Unformatted text preview: 3 years. What are you looking for = What do you know x CF PV = FV x CF = 30,000 x (.91514) = 27,454.20 3. You have $50,000 to invest today in an investment that pays 6% for 5 years. How much will you have after 5 years? What are you looking for = What do you know x CF FV = PV x CF = 50,000 x 1.33823 = 66,911.5...
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This note was uploaded on 06/06/2011 for the course ACCT 225 taught by Professor Canace during the Spring '08 term at South Carolina.
- Spring '08
- Financial Accounting