msteresalyn1 msteresalyn1

01-07-2017
Mathematics

contestada

Use the future value formula to find the indicated value. FV = $ 5330 n=24; i=0.08; PMT=? PMT=$ (round to the nearest cent)

Respuesta :

Aliwohaish12 Aliwohaish12

01-07-2017

Hi there
The future value formula is
Fv=pmt [(1+r)^(n)-1)÷r]
Solve the formula for PMT
PMT=Fv÷[(1+r)^(n)-1)÷r]
So
PMT=5,330÷(((1+0.08)^(24)−1)÷(0.08))
PMT=79.83

Good luck!

Answer Link

Otras preguntas

There are many different student organizations on a college campus. think about your campus for a moment. can you think of a student-run, student-led organizati

Which line from the poem to the dead in the graveyard underneath my window illustrates aspostrophe

A barium atom attains a stable electron configuration when it bonds with (1) one chlorine atom (2) two chlorine atoms (3) one sodium atom (4) two sodium atoms

help with this algebra please :)

In the Prologue, Creon returns from _____.

At 3 o'clock in the morning, John has already slept for 4 hours. As long as his sleep continues, we can expect an increasing occurrence of a. muscle tension. b.

what is a division within a play, much like a chapter is a division within a novel.

given that f(x)+3x+1 and g(x)= 4x+2/3 solve g(f(0))

A drug user is trying to share a needle with another user. In addition to the problems that come from the particular drug about to be used, what else is being r

Parallelogram abcd is similar to parallelogram efgh. angle a is congruent to the measure of angle ___.