Question: One difference between applying the present value formula and using the financial function on the calculator is now worth $ 1 9 , 6 7

One difference between applying the present value formula and using the financial
function on the calculator is
now worth $19,671.51. If the fund earned 7% per vear, how
the formula uses the sign convention
the financial functions on the calculator
use the sign convention
the formula does not require knowing
PMT
the interest rate
the financial functions do not require
knowing the interest rate
One difference between applying the present value formula and using the

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