金融学 第二版 兹维.博迪 罗伯特C默顿等著Bodie2_IM_Ch04.pdfVIP

CHAPTER 4 - Allocating Resources Over Time End-of-Chapter Problems 1. If you invest $1,000 today at an interest rate of 10% per year, how much will you have 20 years from now, assuming no withdrawals in the interim? Solution: FVPV(1000, 10? %, 20 )= 6727.5 $6,727.50 2. If you invest $100 every year for the next 20 years, starting one year from today and you earn interest of 10% per year, how much will you have at the end of the 20 years? How much must you invest each year if you want to have $50,000 at the end of the 20 years? Solution: FVPMT(100, 10%, 20 )= 5727.50 after