In: Finance
Compute the future view of an investment and use your figure in
a sentence.
Present value=$76,355
Years=14
Interest Rate=12%
Ans $ 373155.46
FV = | Future Value |
PV = | Present Value |
r = | rate of interest |
n= | no of period |
FV = | PV (1 + r )^n |
FV = | 76355*(1+ 12%)^14 |
FV = | 373155.46 |