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Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem.

Posted: Mon Jul 11, 2022 12:15 pm
by answerhappygod
Use The Formula For The Present Value Of An Ordinary Annuity Or The Amortization Formula To Solve The Following Problem 1
Use The Formula For The Present Value Of An Ordinary Annuity Or The Amortization Formula To Solve The Following Problem 1 (12.48 KiB) Viewed 26 times
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $9,000; i = 0.025; PMT = $500; n = ? n= (Round up to the nearest integer.)