Answered

Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

The following group of values was entered into the TVM solver on a graphing calculator
N=108; I%= 6.6 PV =; PMT=-620 FV =0; P/Y = 12; C/Y=12; PMT:END which of theses expressions with return the same value for PV

Sagot :

Parrain

Based on the entries into the TVM solver, the expression that will return the same value for PV is [tex]\frac{(620) (( 1 + 0.066)^{108} - 1) }{(0.066) (1 + (0.066))^{108}}[/tex].

Which formula will give the same Present Value?

The formula for present value for this series of cashflows is:

= [tex]\frac{(Payment) (( 1 + Interest rate)^{Number of years} - 1) }{(Periodic interest) (1 + (Periodic interest))^{Number of years}}[/tex]

Based on the P/Y and the C/Y being 12, the number of periods given in the graphing calculator will be the same in the formula, which is 108 periods.

The interest rate of 6.6% will also be the same in the formula.

The best option is therefore option B which has all these figures and so will give the same present value.

Find out more on present value at https://brainly.com/question/25792915.

#SPJ1

View image Parrain
keithava0

Answer: 0.0055 and 108

aka ($620) ((1+0.0055)^108 -1 / (0.0055) (1+0.0055)^108

Step-by-step explanation: Just did it, Good luck! :)

View image keithava0
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.