question archive How long it takes to have 1 million in your account if you deposit 7$ 14
How long it takes to have 1 million in your account if you deposit 7$ 14
Subject:FinancePrice:2.86 Bought3
How long it takes to have 1 million in your account if you deposit 7$ 14.010 per year at 10% per year in you years 24 1.010 years 22 years 25 years 21 rmde yours 23
Find the present worth of 25 uniform deposits of $10.000 every 2 years starting at year 2 at an interest rate of 10% per year ?????? ?????? 44,890.07 ndi nte 46,566.91 47,213.40 47,462.65 90.770.40 gc
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1.
=NPER(10%,-14010,0,1000000)
=21.99675636
=22 years
2.
=10000/1.1^2*(1-(1/1.1^2)^25)/(1-(1/1.1^2))
=47213.40232002
