October 31st, 2011

Please help to solve the following time value of money question ? Business Finance?

business finance
Diljala Asna asked:


Future Value = 100 Present Value = 50 years= 3 Interest Rate = ?
Please show the process by which the interest rate can be found.using a formula. Thanks.

Jaxon
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This entry was posted on Monday, October 31st, 2011 at 1:14 pm and is filed under Business Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Please help to solve the following time value of money question ? Business Finance?”

  1. Austin Says:
    November 3rd, 2011 at 1:41 am

    25.99% interest rate. Sorry I wouldn’t know how to type out a math equation using a keyboard