In this part, calculate the number of periods. Use the Excel Nper function to compute the number of periods. G) You expect to receive $20,000 at graduation. You plan on investing it at 6 percent until you have $130,000. How long will you wait from now?
Calculate the number of periods in the table below using the Excel Nper function. Present Value Interest Rate Future Value Years $190 6% $870 ? $2,175 12% $3,590 ? $47,850 11% $326,890 ? $38,571 16% $213,674 ?
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