How much will you ahve in year
You invest $10,000 at 8%. You want to take out $6000 in 5 years. How much will you have in 10 years?You invest $3000 in Y1 and $4000 in Y5 at 8%. How much will you ahve in year 7?
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Several financing alternatives have been offered by Danning (FV of $1, PV of $1,FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):
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