How to figure an exponet that is down low instead of up high

Business & Finance
Tutor: None Selected Time limit: 1 Day

FV20 don't know what to do with the lower 20

CF=FVn divide by {(1 i)n-1 divide by i}

n=20, i=13%

Oct 2nd, 2014

Thank you for the opportunity to help you with your question!

divide the lower 20 with 13% an there is your answer

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 13th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Oct 2nd, 2014
...
Oct 2nd, 2014
Dec 4th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer