Home » Explanations » Capital budgeting techniques » Future value of $1 table Future value of $1 table Posted in: Capital budgeting techniques (explanations) By: Rashid Javed | Updated on: January 7th, 2017 More from Capital budgeting techniques (explanations): Simple and compound interestPresent value of a single payment in futurePresent value of an annuityNet present value methodInternal rate of return methodPayback methodDiscounted payback methodAccounting rate of return methodImpact of income tax on capital budgeting decisionsCapital rationing processPresent value of $1 tablePresent value of an annuity of $1 in arrears tableFuture value of $1 tableFuture value of an annuity of $1 in arrears « Prev Next »
Azhar Moin November 26, 2014 at 4:50 am $6,000 × (1 + 9%)12 = $6,000 × 2.813* = $16,878 Sir, I want to know how you calculate 2.813* ? as per your solution of compound Interest waiting your prompt Reply with Regards Azhar Moin Reply
CA Ankur Gupta November 17, 2017 at 6:00 pm (1.09)raise to the power 12 = 2.813 alternatively multiply (1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)=2.813 Reply
yes
$6,000 × (1 + 9%)12
= $6,000 × 2.813*
= $16,878
Sir, I want to know how you calculate 2.813* ? as per your solution of compound Interest
waiting your prompt Reply
with Regards
Azhar Moin
(1.09)raise to the power 12 = 2.813
alternatively multiply (1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)x(1.09)=2.813