- #1
eleventhxhour
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Find the missing information:
1) P = 3800, r = 8%, t = 39 months, c = quarterly, A = ?
2) P = ?, r = 7.5%, t = 2 years, c = monthly, A = 5,000
3) P = ?, r = 5.2%, t = 3 years, c = weekly, A = 3000
4) P = 3723, r = 6.75%, t = 30 months, c = semi annually, A = ?
My answers were:
1) A = 4912
2) P = 4306
3) P = 2566
4) A = 4395
Can someone confirm that my answers are correct? (you don't have to do all of them, but it would be really helpful! Also it said P or PV and A or FV in the question - I just wrote P and A)
1) P = 3800, r = 8%, t = 39 months, c = quarterly, A = ?
2) P = ?, r = 7.5%, t = 2 years, c = monthly, A = 5,000
3) P = ?, r = 5.2%, t = 3 years, c = weekly, A = 3000
4) P = 3723, r = 6.75%, t = 30 months, c = semi annually, A = ?
My answers were:
1) A = 4912
2) P = 4306
3) P = 2566
4) A = 4395
Can someone confirm that my answers are correct? (you don't have to do all of them, but it would be really helpful! Also it said P or PV and A or FV in the question - I just wrote P and A)
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