Giveegrace21idn
Answered

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A = 1,240,000; r = 8% per year; t = 30 year​

Sagot :

Answer:

You will need a financial calculator or you can use Microsoft Excel

where

A= 1,240,000 is the present value PV

r= 8% or I/Y (Interest Yield)

t= 30 years or the number of periods assuming this is an annual rate

PMT or payment = 0 (meaning you won’t get paid anything until 30 years from now

FV = 12,477,694.54

which is your solution

Step-by-step explanation:

Diberthernane134idn

Answer:

A=1,240,000; r = 8% per year; t = 30 year