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masha68 [24]
3 years ago
11

Whats the process of how a business incorporates?

Business
1 answer:
torisob [31]3 years ago
7 0
This is the process! have a good day!

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Use the formula of the present value of an annuity due which is
Pv=pmt [(1-(1+r)^(-n))÷r]×(1+r)
Pv present value 500000
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R rate of return 0.1
N time 20 years

Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]×(1+r)
PMT=500,000÷(((1−(1+0.1)^(−20))
÷(0.1))×(1+0.1))
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Answer: False.

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