The role of finance in corporate finance and
Background for other core finance and electives:
Statistics, TVM, matrix algebra
Application of TVM in dealing with savings plan and
What to expect from this c
1. Suppose your company expects to increase unit sales of widgets by 15% per year for the
next 5 years. If you sell 3 million widgets in the current year, how many widgets do you
expect to sell in the fifth year?
PV=3million, Nper=5, Rate=15%, PMT=0, FV=?