FIN 419 Week 5 Chap 4. Problems (Problem 4-2, Problem 4-3)

# FIN 419 Week 5 Chap 4. Problems (Problem 4-2, Problem 4-3)...

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Running head: ASSIGNMENTS FROM THE READINGS 1 Week 5 - Assignments from the Readings Chapter 4: Problem 4.2 Calculate the future value interest factor in each of the cases shown. According to Gitman (2006), . Case A = Case B = Case C = Case D = Chapter 4: Problem 4.3 Use the future value interest factors in Appendix Table A–1 in each of the cases shown in the table on the facing page to estimate, to the nearest year, how long it would take an initial

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Unformatted text preview: deposit, assuming no withdrawals, a. To double, b. To quadruple. Case A a) Nearest to 10 years. b) Nearest to 20 years. Case B ASSIGNMENTS FROM THE READINGS 2 a) Nearest to 2 years. b) Nearest to 4 years. ASSIGNMENTS FROM THE READINGS 3 Case C a) Nearest to 4 years. b) Nearest to 8 years. Case D a) Nearest to 7 years. b) Nearest to 15 years....
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## This note was uploaded on 02/26/2012 for the course FIN 419 taught by Professor Abdul during the Fall '11 term at University of Phoenix.

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FIN 419 Week 5 Chap 4. Problems (Problem 4-2, Problem 4-3)...

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