You won't find financial calculators or stock tables.
Now figure the rate at which $10,000 would return $17,419 over five years; that rate is 11.74 percent (it helps to use a financial calculator).
There is also a financial calculator, for interest, appreciation and cash-flow analysis.
You will need some math skills and some software or a financial calculator to do this.
The solutions may be found using (in most cases) the formulas, a financial calculator or a spreadsheet.
If you are using a financial calculator or a spreadsheet, you can usually set it for either calculation.
This is a calculation that is rarely provided for on financial calculators.
Still, financial calculators do have a pretty solid place in creating a reasonable financial plan.
In this article, we'll find out what online financial calculators can do and how to use them to your advantage.
But for the geometric return, you must take the third root of 1.31825 (a financial calculator is helpful).