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
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.)