PV being present appeal, FV future merit and time. Also, how would one figure out the amount of time it take for an amount to reach a undisputed amount...let's say $400 to 1,000 at an interest rate of 4?

Renting a foreign place?

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Using a financial calculator HP-12C
400 CHS PV
1000 FV
4 i
N=24 years if componding once a year with a 4% interest rate
For interest rate
400 CHS PV
1,000 FV
Enter number of years N
Hit i and next rate will appear for yearly

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Should I consider foreclosure properties to purchase?

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Future Value = Present Value*(1 + Interest rate )^t

so clutch the present value and multiply it by 1 plus the interest rate (4% = .04 ) raise to the power of the # of years

example:

PV = 500
interest rate = 5%
invested for 5 years

500*(1.05)^5 = $638.14

for your other question.

PV=400
FV=1,000
interest=4%

1000=400(1.04)^X

solve for the exponent "X"

How much would this cost?

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400*(1.04^N)=1000
1.04^N=2.5
LN1.04^N=N*LN1.04=LN2.5
N=LN2.5/LN1.04=.916291/.039221
=23.36 years

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