karl yates needs $15,000 to pay for the remodeling work on his house. A contractor agrees...
Homework Answers
Future Value = Present Value * ( 1+ Rate of Interest) ^ Time
$ 15,000 = Present Value * ( 1+ 7.9%) ^ (3/12)
Present Value = $ 15,000 / 1.019190487
= $ 14,717.56281
Hence the correct answer is $ 14,717.56
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karl yates needs $15,000 to pay for the remodeling work on his
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show all work pleasee :) 5) A man agrees to pay $300 per month for 48...
show all work pleasee :)
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show all work pleasee :)
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