Homework Answers
1.
=PMT(5%/12,12*20,-100000+13000)=574.161493118492
2.
=PMT(5%/12,12*20,-100000+13000)*12*20-100000+13000=50798.7583484381
3.
=100000-FV(5%/12,12*5,PMT(5%/12,12*20,-100000+13000),-100000+13000)=27394.2690352328
4.
=100000-FV(5%/12,12*15,PMT(5%/12,12*20,-100000+13000),-100000+13000)=69574.7769356507
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