2.

2) End (or final) value  Task 10 + 11

Capital C = 100.000, t = time = 6 years, i = 8 %

𝐸 = 𝐶 (1 + 𝑖) 𝑡  100.000 USD * (1 + 0,08) 6 = 158.687 USD

E = End Value

John is 12 years young and will save every year 100 Euro to finance his driving licence. How
much money will John save when he is 18 years? i = 0,05, N = 6 years

(1+i)ᴺ−1 0,34
E = PR * = 100 € = 100 € * 6,8 = 680 €
i 0,05

Task 10: Capital C = 100.000, t = time = 6 years, i = 8 %

Task 11: John is 12 years young and will save every year 100 Euro to finance his driving
licence. How much money will John save when he is 18 years? i = 0,05, N = 6 years
Solution 10 + 11:

2.2) End (or final) value

Task 10: Capital C = 100.000, t = time = 6 years, i = 8 %

𝐸 = 𝐶 (1 + 𝑖) 𝑡  100.000 USD * (1 + 0,08) 6 = 158.687 USD

E = End Value

Task 11: John is 12 years young and will save every year 100 Euro to finance his driving
licence. How much money will John save when he is 18 years? i = 0,05, N = 6 years

(1+i)ᴺ−1 0,34
E = PR * = 100 € = 100 € * 6,8 = 680 €
i 0,05