Exam (elaborations)
Corporate Finance Exam Test Guide Questions with Complete Solutions
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Suppose you invest $1,000 for one year at 5% per year. What is the future value in one year? - ANSWER-- Looking for FV FV = PV (1+r)^t - for excel function make sure PV is negative Future value interest factor - ANSWER-(1+r)^t Let us assume that you need $10,000 in one (1) year for a down p...
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