what is pv, fv, f (frequenxy of compounding per year), t (number of periods), r...
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what is pv, fv, f (frequenxy of compounding per year), t (number of periods), r (interest rate per period)
Investment Scenario B: Your savings account is currently worth $1,200. The account pays 4.5 percent interest compounded annually. Ultimately, we will want to determine how much your account will be worth 6 years from now: however, right now answer the following question What is PV? Oso $7.200 information not provided in the scenario. We must determine this value. $ 1.200
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