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The Question "How Long Will I Have to Wait to Reach

Question 48

Multiple Choice

The question "How long will I have to wait to reach a certain future value?" is best answered by which form of the TVM equation?


A) n = FV(1+r) n\frac { FV } { ( 1 + r ) ^ { n } }
B) n = PV × (1 + r) n
C) n = (FV/PV) 1/n - 1
D) n = ln(FV/PV) ln(1+r) \frac { \ln ( \mathrm { FV } / \mathrm { PV } ) } { \ln ( 1 + \mathrm { r } ) }

Correct Answer:

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