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what are the formulas marked in red

B Coba 5 . . CDF PV and FV Calculations for Annuities with compounding periods less than 1 year Solve for the annuity values


PV and FV Calculations for Annuities with compounding periods less than 1 Year Solve for the annuity values required in the g
Year Part d: You decide to buy a car for $35,600. You pay 10% of the price at the time you buy the car (a down-payment), and
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Answer #1

11 n PMT PV 3.60% 4 750 $18,489.89

formula used :-

PV =-PV(C13/E13,D13*E13,F13)

28 part-c 29 4.20% 43 120 250 ($347,542.35) 30Formula used :-

FV =FV(C29,D29,F29*E29)

| 0 27 28 29 30 Prices 35600 31 10% 32040 32 Down payment Amont to be financed Loan term APR 33 34 35 m 4.30% 12 $604.82 36 M

Formulas used:-

Amount to be Financed=O30*(1-O31)

Monthly Payment =-PMT(O34,O33,O32)/12

I hope my efforts will be fruitful to you..?

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