3 years ago

The present price of a motorcycle is

Mathematics

1 answer:

bonufazy [111]3 years ago

4 0

Answer:

3.25 years

Step-by-step explanation:

The computation of the number of years is shown below:

Given that

PV = $225,000

RATE = 8%

PMT = $0

FV = $175,204.80

The formula is shown below:

= NPER(RATE;PMT;PV;FV;TYPE)

After applying the above formula, the number of years would be 3.25 years

The same would be considered

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