Future value -single sums Ifyou deposit $100 in an account earning 6%0, how much would you have in the account after l year? PV= FV
Future Value - single sums If you deposit $100 in an account earning 6%, how much would you have in the account after 1 year? 0 1 PV = FV =
Future value -single sums Ifyou deposit $100 in an account earning 6%, how much would you have in the account after l year? PV=-100 FV 0 Calculator solution P/Y=1 I=6 N=1 PV=-100 FV=$106
Future Value - single sums If you deposit $100 in an account earning 6%, how much would you have in the account after 1 year? Calculator Solution: P/Y = 1 I = 6 N = 1 PV = -100 FV = $106 0 1 PV = -100 FV =
Future value -single sums Ifyou deposit $100 in an account earning 6%, how much would you have in the account after l year? PV=-100 FV=106 0 Calculator solution P/Y=1 I=6 N=1 PV=-100 FV=$106
Future Value - single sums If you deposit $100 in an account earning 6%, how much would you have in the account after 1 year? Calculator Solution: P/Y = 1 I = 6 N = 1 PV = -100 FV = $106 0 1 PV = -100 FV = 106
Future value -single sums Ifyou deposit $100 in an account earning 6%, how much would you have in the account after l year? PV=-100 FV=106 0 Mathematical solution FV=Pv(FⅤIF;n) FV=100 (FVIF 06.1)(use FVIF table, or) FV=PV(I+inn FV=100(1.06)1=S106
Future Value - single sums If you deposit $100 in an account earning 6%, how much would you have in the account after 1 year? Mathematical Solution: FV = PV (FVIF i, n ) FV = 100 (FVIF .06, 1 ) (use FVIF table, or) FV = PV (1 + i)n FV = 100 (1.06)1 = $106 0 1 PV = -100 FV = 106
Future value -single sums Ifyou deposit $100 in an account earning 6%, how much would you have in the account after 5 years?
Future Value - single sums If you deposit $100 in an account earning 6%, how much would you have in the account after 5 years?