Unformatted text preview: this money. How long will it take to meet this goal? Answer: 16.89 Years Payments per year: 1 N = ? I/Y = 10 PV = (1,000) PMT = 0 FV = 5,000 3. You have $50,000. You think you can earn 10% on these funds. How much would this be worth in 25 years? Answer: $541,735 Payments per year: 1 N = 25 I/Y = 10 PV = 50,000 PMT = 0 FV = ?...
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This note was uploaded on 01/23/2012 for the course MGT 111 taught by Professor Unknown during the Spring '11 term at Washington State University .
 Spring '11
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