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Use a calculator to evaluate the amortization formula m= FIi for the values of the variables...
Use a calculator to evaluate the present value of an annuity formula -nt 1 P=m ri for the values of the variables m, r, and t (respectively). Assume n = 12, (Round your answer to the nearest cent) $50; 596; 7 yr
Use a calculator to evaluate an ordinary annuity formula nt 1 + for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $50; 500; 7 yr
Exercise A3-17 Present Values Use Present Value Tables or your calculator to complete the requirements below. Required: a. Determine the present value of a single $14,000 cash flow in 7 years if the interest (discount) rate is 8% per year. Round your answer to the nearest cent. $ 8,169 X b. Determine the number of periods for which $5,820 must be invested at an annual interest (discount) rate of 7% to produce an investment balance of $10,000. Round you answer...
(9 points) Use the change of variables formula to evaluate He 4x2 + 2y dA where R is the region defined by y=+*+1, y=z?, xy = 1, and xy = 4.
Complete the following using the future value formula or financial calculator. (Do not round intermediate calculations. Round your final answers to the nearest cent.) Amount interest Time 7 years Principal $ 2,400 Rate Compounded 12 % Quarterly
Evaluate each problem using a calculator. Show all steps. Round all answers to the nearest hundredth. Next, write the expression that would be used in Excel. Calculate the minimum sample size needed for a study when p= 0.62,z, = 1.95996, and 3) 22 E 0,05 Excel Function: 4) Evaluate the formula for margin of error for population proportion, when z 1.95996, p = 0.72, and n=300. Round the answer to the hundredths. Excel Function
Use both the TVM equations and a financial calculator to find the following values. Round your answers to the nearest cent. (Hint: Using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure...
Complete the following using the present value formula or financial calculator (Do not round intermediate calculations. Round the "Periodic rate" to the nearest tenth percent. Round your final answer to the nearest cent.) Periodic Rate Compounded Amount desired at Length of time end of period 7,100 9 years Period used PV of amount desired at end of period rate 2 % Semiannually
Find the periodic payment R required to amortize a loan of dollars over t yr with interest charged at the rate of %/year compounded m times a year. (Round your answer to the nearest cent.) P = 40,000,- 2, t = 20, m - 4 $ Enter a number HTT Read it Talk to Tutor Submit Answer 2. (-/0.1 Points] DETAILS TANAPMATHS 4.3.008. MY NOTES PRACTICE ANOTHER Find the periodic payment R required to amortize a loan of P dollars...
Use the formula for the amount, A = P(1 + rt), to find the indicated quantity. P = $3,500; r = 10%; t= 1 quarter; A = ? A= $ (Type an integer or a decimal.) Determine the present value P you must invest to have the future value A at simple interest rate r after time t. A = $7000.00, r = 14.0%, t = 39 weeks (Round to the nearest cent.) The principal Pis borrowed and the loan's...