Question:

Future value question?

by  |  earlier

0 LIKES UnLike

$200,000 at 6% for 40 years=?

 Tags:

   Report
Answer The Question I've Same Question Too

1 ANSWERS

Sort By: Date  |  Rating

  1. r - interest

    n - periods

    FV=PV * (1+r)^n = 200'000 * 1.06^40 ≈ 200,000 * 10.28571794 ≈ 2'057'143.587

You're reading: Future value question?

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now