Question: When you are using the TVM functions, you are essentially asking the calculator to N solve the following equation: PV +. PMT FV + (1
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 1=1 enter the values of four variables, and then ask the calculator to find the value of the fifth variable Question: Suppose PV=-18,645, PMT=0, r=5.9%, FV=22,992. Please find N. [Hints/Example)
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