Friday, February 12, 2010

Answer in true or false without guessing need proven.if you dont know the answer or you are unsuer please dont

In an amortization problem where a debt is completely amortized, if we are given the values for PV,I, and N then we can solve the problem despite having been given only three of the five time value variables involved.Answer in true or false without guessing need proven.if you dont know the answer or you are unsuer please dont
It's True. If the debt is going to be completely amortized the FV is 0. Let's assume...





PV: -100,000


I: 6.00


N: 360


FV: must equal 0





... therefore, you can enter that info in the calculator to determine the PMT which would be 599.55 in this case.Answer in true or false without guessing need proven.if you dont know the answer or you are unsuer please dont
1. do your own homework.


2. what?


3. your question is gibberish.
The answer is within the question. If you want the right answer then you should pay attention in class and do the work.

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