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    Exam 2: Review and Applications of Algebra
  5. Question
    Use Formula (10-1) to Obtain PMT If FV = $1508
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Use Formula (10-1) to Obtain PMT If FV = $1508

Question 21

Question 21

Short Answer

Use formula (10-1) to obtain PMT if FV = $1508.54, n = 4, and i = 0.05.

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