* annuities are only ever cash flows present value factor ) Present value for annuity cash flows Annuity present Value - C X (1- present value factor PMI) PVA = cx LEDE ply 12 chlo #4 Monthly pets tot 50. Interest, compound monthly How many Pmts when a count balance reaches 410,000? 10,000 = 100 X-C1 + 0.4167) r n? 0.4167 10 000 0.4167-1 (1.4167 n-t TOO 0.4167 INI 40.67 = 1.4167 3.705$ = 0.3483 STOIT 100 X). 4167 - 141.67 (LN) 0.00 4158 ? 1.004167 Correct LN correct I get 40.67 instead of 1,004167. Please show correct work. Also why is n-I used? I can just write 1.4167t correct? FVIO 6.5/4 = 1, haso chd You are preparing to make monthly payments of $100, beginning at the end of this month, into annuit Jan account that pays 5 percent interest, compounded monthly. How many payments will you De ply 12 have made when your account balance reaches $10,000PNT 14:12 -0.4167 IN 5 FV 10,000 n=83.7676 = 83.77 PMT 700