financial perfomance help
Options
kimmie1986
Registered Posts: 39 Regular contributor ⭐
hi
im trying to work out the net terminal value on a calculator but i don't have a clue, the example in the kaplan book is
£12345*(1+0.1)n where n is 5
this should equal £19882
can anyone help explain how i work this out!!!
Thanks
im trying to work out the net terminal value on a calculator but i don't have a clue, the example in the kaplan book is
£12345*(1+0.1)n where n is 5
this should equal £19882
can anyone help explain how i work this out!!!
Thanks
0
Comments

n is to the power of, you will need a scientific calculator for this. My calculator has an x to the power y button for it. Where the x is normal size and the y is a small one next to it.
Alternatively you can drop it in excel to work it out at home in which case the formula is =12345*(1+0.1)^5, but that probably won't help you on an exam!0 
That's weird, I thought you weren't allowed scientific calculators in exams anyway?0

thank you i have final found the button on my calculator, on my one the y is bigger than the x and i managed to get the answer yay0
Categories
 All Categories
 1.2K Books to buy and sell
 2.3K General discussion
 12.4K For AAT students
 273 NEW! Qualifications 2022
 147 General Qualifications 2022 discussion
 9 AAT Level 2 Certificate in Accounting
 48 AAT Level 3 Diploma in Accounting
 69 AAT Level 4 Diploma in Professional Accounting
 8.8K For accounting professionals
 23 coronavirus (Covid19)
 269 VAT
 91 Software
 271 Tax
 134 Bookkeeping
 7.1K General accounting discussion
 196 AAT member discussion
 3.8K For everyone
 38 AAT news and announcements
 345 Feedback for AAT
 2.8K Chat and offtopic discussion
 578 Job postings
 16 Who can benefit from AAT?
 36 Where can AAT take me?
 42 Getting started with AAT
 26 Finding an AAT training provider
 48 Distance learning and other ways to study AAT
 25 Apprenticeships
 66 AAT membership