Question: pls solve this question 2 on Excel [2] PV (Present Value) = PV(rate,nper,pmt, Fv type) PV(i%,n,A,Fv) Problem:: i= 8% per year, n= 36 months, A=$
[2] PV (Present Value) = PV(rate,nper,pmt, Fv type) PV(i%,n,A,Fv) Problem:: i= 8% per year, n= 36 months, A=$ 300, FV=$12000 & type: payments are made at the end of a period. Find the present value? F=$ 12000 A= $300 Months 2 3 4 5 35 36 i=8%/12 P=? Also use the following equations to find the present worth (Hand calculations &Excel sheet). Po=A Po=F(1+i)" Ans. $19020.60
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