Yefim S. answered • 12/14/20
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PV = PMT[1 - (1 + i)-n - 1]/i = 195(1 - 1.033-29)/0.033 = $3604.41
Jerry N.
asked • 12/14/20Solve the following problem. n=29; i=0.033; PMT=$195; PV=?
Solve the following problem.
n=29; i=0.033; PMT=$195; PV=?
PV=$________ (Round to two decimal places.)
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