What value does he expect his investments to have five


Leo received $7,500 today and will receive another $5,000 two years from today. He will invest these funds when he receives them and expects to earn a rate of return of 11.5 percent. What value does he expect his investments to have five years from today?

Please help, is there an easier way to compute the answer using the calculator PV and FV functions?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What value does he expect his investments to have five
Reference No:- TGS02926587

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)