Waiting period. Fill in the Number of Periods for the following table using one
ID: 2622038 • Letter: W
Question
Waiting period. Fill in the Number of Periods for the following table using one of the three methods below: <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /?>
a. Use the waiting periord formula, n=(FV/PV) /In (l+r)
b. Use the TVM keys from a calculator.
c. Use the TVM function in a spreadsheet
Present Value
Future Value
Interest Rate
Number of Periods
$ 711.89
$1,590.79
4%
?
$17,553.88
$106,462.98
10%
?
$35,803.82
$3,074,051.22
17%
?
$25,470.69
$300,632.73
26%
?
Present Value
Future Value
Interest Rate
Number of Periods
$ 711.89
$1,590.79
4%
___years (Round to the nearest whole number)
Present Value
Future Value
Interest Rate
Number of Periods
$ 711.89
$1,590.79
4%
?
$17,553.88
$106,462.98
10%
?
$35,803.82
$3,074,051.22
17%
?
$25,470.69
$300,632.73
26%
?
Explanation / Answer
a) 20.50
b) 18.91
c) 28.36
d) 10.68
e) 20.50
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