Question: When you are using the TVM functions, you are essentially asking the calculator to solve the following equation: PV + PMT FV + (1+r) (1

 When you are using the TVM functions, you are essentially asking

When you are using the TVM functions, you are essentially asking the calculator to solve the following equation: PV + PMT FV + (1+r) (1 + r) 0 You need to i=1 enter the values of four variables, and then ask the calculator to find the value of the fifth variable. Question: Suppose PV--19.935. N=6, PMT=O, FV=22,778. Please find r. Please enter your answer as a percentage point, which is what your calculator displays as the final answer [Hints/Example)

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