Question: Question 4 1 pts When you are using the TVM functions, you are essentially asking the calculator to N solve the following equation: PV +

Question 4 1 pts When you are using the TVM functions, you are essentially asking the calculator to N solve the following equation: PV + PMT FV + (1 + r)' (1 + r)N 0 You need to enter the values of four variables, and then ask the calculator to find the value of the fifth variable. Question: Suppose N=8, PMT=774, r=5.3%, FV=5,782. Please find PV. (Hints/Example)

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