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you are solving a present value equation using a financial calculator and are given the number of years for compounding. this should be entered as the _____ value on the financial calculator.

Sagot :

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When solving a present value equation using a financial calculator, the years for compounding should be entered as the n value on the financial calculator.

This n value from the question tells us is the number of years for compounding. That is also known as the number of periods.

If what the person is calculating is the loan values, then n has to be calculated based on the number of payments.

For example if a person wants to calculate a 12 year loan that that is to be paid monthly,

n would be 12*12 = 144

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