The given triangle is
To solve for PR, we have to use the sine function which is equivalent to the ratio between the opposite leg and the hypothenuse.
The sugar sweet company will choose from two companies to transport it's sugar to market the first company charges $4894 to rent
1 answer:
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The TVM solver is a tool found in graphing calculators, that solve Time Value of Money problems.
The group of values that will return the same value as the given expression is;
D. N = 24; I% = 3.6; PV =; PMT = -415; FV = 0; P/Y = 12; C/Y = 12; PMT :END
<h3>What is Present Value?</h3>
Present value (PV) formula finds application in finance to calculate the present day value of an amount that is received at a future date.
In the TVM solver, we have;
I = The annual percentage rate
N = n × t
t = The number of years
PV = Present value
PMT = Payment
P/Y = Number of payments per year = n
C/Y = Number of compounding periods per year = n
The formula for monthly payment is presented as follows;
M =
Therefore, we get;
Where;
M = PMT = -415
P = PV
r = I
P/Y = n = 12
Therefore;
0.003 = I/12
I = 0.003 X 12 = 3.6%
N = n X t = 24
The value of the equation is the present value, PV = ?
When payment are made based on the PV, we have FV = 0
The group of values the same value as the expression
P =
when plugged into the TVM solver of a calculator is;
D. N = 24; I% = 3.6; PV =; PMT = -415; FV = 0; P/Y = 12; C/Y = 12; PMT :END
Learn more about Present Value Solver from:
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