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FIN-250-hw1 - (1 1.5 1/5-1= 0.20= 20 FV=PV(1 i n...

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FIN-250 P.22 Home work Problem: 2. (x-20000)/ 20000= 3% x-20000= 600 x= 20600 3. (190.8-185.2)/ 185.2= 0.0302= 3.02% 5. PC= (250,000-100,000)/ 100,000= 1.5
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Unformatted text preview: (1+1.5) 1/5-1= 0.20= 20% FV=PV (1+i) n 250,000=100,00 (1+i) 5 (2.5) 0.2 = 1+i 1.20= 1+i I= 0.20= 20%...
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