When working problems on the calculator for trig functions, what are you supposed to have your calculator set to?
1 answer:
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Present value of the loan amount is $ with a maturity value of $
for
months at
%
How to find the present value of loan amount ?
We know that
Maturity value of loan amount
Time period is months
Rate (r) %
Present value of loan amount=?
So we can use the formula of maturity level
Substitute the values
So present value of the loan amount is $ in round figure.
Learn more about the maturity level and loan here:
#SPJ4
If the sale is a half off, then the sale price is
