Question: Conditions: Known: 1. Present value 2. Future value 3. Routine deposit/withdrawal Determine: 4. Present value 5. Future value 6. Routine deposit/withdrawal Interest added: 7. Once

 Conditions: Known: 1. Present value 2. Future value 3. Routine deposit/withdrawal

Conditions: Known: 1. Present value 2. Future value 3. Routine deposit/withdrawal Determine: 4. Present value 5. Future value 6. Routine deposit/withdrawal Interest added: 7. Once 8. Periodically Miscellaneous: 9. One time deposit/withdrawal Which set of conditions listed above apply to the following scenario: Alan purchased a jeep 20 years ago; today it is worth $500. The jeep depreciates monthly (.e.. compounded monthly) based on an annual rate of 12%; how much did Alan pay for the jeep? Identify the conditions: (for example: 1,4,7,9) A 1. A = P(1 + in) 2. P= (1 + in) A 3. A=P(1 + i) 4. P= (1 + i)n 5. A=R[(1+i)n = 1] 6. R= Ai (1+i)n-1 7. A =R[1(1 + i)"] 8. R= Ai 1-(1+i)

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