If I wanted to calculate how the number of years it takes to save x number of dollars, How will I do so. I have the PV,FV and the interest rate.
Can you also tell me what 1n is in the following formula:
ln(FV / PV) / ln(1 + r)
Can you also tell me what 1n is in the following formula:
ln(FV / PV) / ln(1 + r)