Question
Use a calculator to evaluate an ordinary annuity formula for m, r, and t (respectively). Assume monthly payments.
$150; 8%; 35 yr
$150; 8%; 35 yr
Answers
Reiny
very vague question the way it is presented
m, r, and t are not defined
Do you want Present Value or Future amount
the formulas should be in your text or are easily looked up.
m, r, and t are not defined
Do you want Present Value or Future amount
the formulas should be in your text or are easily looked up.