#1
Im trying to answer this question using my financial calculator but i guess im not inputing something right The question is "at what annual rate would the following have to be invested? $490 to grow to $1031.45 in 11 years"

Im putting into the calculator

N=11
PV=490
FV=1031.45

Any help would be great, thanks!
MY gear

Carvin DC 200
Crate GLX 200h
Monster Cable Rock
Dunlop Stubbys 3.0
MIsfits Skullbusters strings
#2
uhh... err....mmmm I can't help.



good luck

*leaves*
Quote by 20cdndollars
You are god, floppypick



Floppydick


If that's how you read my name, leave a message saying so on my profile
#3
anyone?
MY gear

Carvin DC 200
Crate GLX 200h
Monster Cable Rock
Dunlop Stubbys 3.0
MIsfits Skullbusters strings
#4
FV = PV(1+i)^n
Where i is the interest rate. In this case 0.0699, or 6.99%

Good luck