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How do I compute Nper on my financial calculator.? Im trying to do this question on my calculator HI. LiJUUUUU PROFESSIONAL EL-TANT Nper = ?
How do I compute Nper on my financial calculator.? Im trying to do this question on my calculator
HI. LiJUUUUU PROFESSIONAL EL-TANT Nper = ? (indicates the period) Ind F A ONIC I PV = -50000 (indicates the half amount of loan) D MODE FV = 0 (indicates the future value) SET UP Rate = 896/12 (indicates monthly rate of interest) M PMT A PMT = 733.76 (indicates the amount of payment) AMRT BOND DIFF BRKV COST Number of Remaining Months = RCL STO DATE ENT Nper(Rate, PMT.PV,FV) NPER(0.08/12,733.76,-50000,0) = 91.15 or 92 8 9 DEL payments 4 5 6 X Answer is 91.15 or 92 payments LANDHO 2 3 ThanksStep by Step Solution
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