Number of years to provide a given return In the information given in.pdf
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The document discusses calculating the number of years required for an ordinary annuity to provide a specific return based on given cash flows. It mentions using a data table and suggests copying the data into a spreadsheet for analysis. The calculation involves determining the investment years and rounding the result to two decimal places.
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Number of years to provide a given return In the information given in.pdf
- 1. Number of years to provide a given return In the information given in following case, determine the number of years that the given oridinary annuity cash flows must continue in order to provide the rate of return on the initial amount. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) The number of investment years, n , is years. (Round to two decimal places.)