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revprev | Admin | Dec 4'23 at 19:04 | +19 | m | |
revcur | Admin | (Created page with "The future value of the investments equal: 1.055 × ($10,000/0.055 )(1 − 1/1.055<sup>10</sup> ) × (1.055)<sup>10</sup> = $135, 835 (end of year 10) And the purchasing power, in today's dollars, equals: $135,835/1.02<sup>10</sup> = $111, 432 '''References''' {{cite web |url=https://alo.mit.edu/wp-content/uploads/2015/06/PS_Part1.pdf |last1=Lo |first1=Andrew W. |last2 = Wang | first2 = Jiang |website=alo.mit.edu | title = MIT Sloan Finance Problems and Solutions Co...") | Dec 4'23 at 18:47 | +534 |