PV=$17,000,i=0.03; PMT=$600 , n = ?
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following
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use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. pv=16000, I=0.005, pmt=600, n=? round up to the nearest integer
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV=$10,000 I =0.01 PMT=$500 N =? N =? (Round up to the nearest integer.)
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $12,000; PMT = $400; n = 40; i = ? i=(Type an integer or decimal rounded to three decimal places as needed.)
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $12,000; PMT= $400; n = 55; i = ? -(Type an integer or decimal rounded to three decimal places as needed.) TA oc OL ny Coi ani
Use the future value formula to find the indicated value FV= 12,000 I = 0.03 PMT= $600 N= ?
Q1 - Describe N,I/Y,PV,PMT, and FV. Q2 – Why is there one negative sign among the last three listed in Q1? Q3 – What is the difference between compounding and discounting? Q4 – What is an annuity? What are the different types of annuities? When are payments made? Q5 – What is a perpetuity? What is the relationship between PV and Interest? Q6 – Does FV get larger or smaller based off monthly compounding compared to quarterly compounding? Q7 –...
orla 7.2 S-P+I armla 7.34S-P(I +) restated as FV-PV( 1 + ir Fermula S2 Farmals 10.1--1 Formula 11. FV er year 1+i-1 Formula 12.1P-1 Finding the fatare vaie et an ordisary general annuity using the eflective rate of inter est per paryment peried where p ( +i-1 PVr = PMT[I-(1+p)""I Finding the present value of an ordinary general annuity uning the eflective rate ot interest per paymeet period Farmata 12.3 Formula 124 SIZE OF THE NTH PAYMENT Finding the sire...
use future value formula to find the indicated value. FV=9000, i=0.03, PMT=300, n=?
Solve the following problem. n= 35; i = 0.039; PMT = $175; PV = ? PV = $ (Round to two decimal places.)
For a given n, PMT and i, is the present value of a deferred annuity the same as the present value of an ordinary annuity? Does a portability clause in the mortgage agreement mean that a purchaser may acquire the existing mortgage? In a deferred annuity, is the original value or the future value used to calculate payments that commence at the end of the deferral period?