Ask Question
4 December, 02:42

assuming saving is 3,000 times 10 years rate is 2% = 0.02 excel formula = fv (0.02,10-3000.00) future value (fv) is what

+4
Answers (1)
  1. 4 December, 03:24
    0
    Future Value: 3,656.98

    Step-by-step explanation:

    Present Value (P) : 3000

    Number of Time Periods (n) : 10

    Interest Rate Per Time Period (i) : 2%

    FV (Future Value) = P * (1 + i) ^n

    = 3000 * (1 + 0.02) ^10

    Future Value: 3,656.98
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “assuming saving is 3,000 times 10 years rate is 2% = 0.02 excel formula = fv (0.02,10-3000.00) future value (fv) is what ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers