Question: Simplify - Add or... Virtual Professor -... 7. [-/1 Points] DETAILS SMITHNM12 11.6.004. MY NOTES ASK YOUR TEACHER Use a calculator to evaluate the present

Simplify - Add or... Virtual Professor -... 7. [-/1 Points] DETAILS SMITHNM12 11.6.004. MY NOTES ASK YOUR TEACHER Use a calculator to evaluate the present value of an annuity formula P = m 1 - (1 + +) -nt for the values of the variables m, r, and t (respectively). Assume n = 12. (Round your answer to the nearest cent.) $50; 4%; 7 yr A Submit Answer 8. [-/1 Points] DETAILS SMITHNM12 11.6.010. MY NOTES ASK YOUR TEACHER Use a calculator to evaluate the present value of an annuity formula P =m 1 - ( 14 : ) for the values of the variables m, r, and t ( respectively). Assume n = 12. (Round your answer to the nearest cent.) $1,050; 8%; 9 yr Submit Answer 9. [-/1 Points] DETAILS SMITHNM12 11.6.015. MY NOTES ASK YOUR TEACHER Use a calculator to evaluate the amortization formula Is m = 1 - ( 1 + 1 ) - nt for the values of the variables P, r, and t (respectively). Assume n = 12. (Round your answer to the nearest cent.) $150,000; 8%; 25 yr Need Help? Watch It

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