K
K11ngy
I am getting a negative return on my answer. The question was,
I have a PV now of £10,500.00
Leaving in as an investment for 15 years
Interest rate per anum 5%
I get a return FV of minus £21,829.00 ???? Shouldnt this be Plus?
Formula I used was =FV(5%/1,15,,10500) Is this correct
regards
Steve
I have a PV now of £10,500.00
Leaving in as an investment for 15 years
Interest rate per anum 5%
I get a return FV of minus £21,829.00 ???? Shouldnt this be Plus?
Formula I used was =FV(5%/1,15,,10500) Is this correct
regards
Steve