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I know the monthly payment should be around $174... I just don't understand why my PV formula keeps giving me the wrong answer? The PV
I know the monthly payment should be around $174... I just don't understand why my PV formula keeps giving me the wrong answer? The PV formula in b12 entered was PV(b10,b11,-b9)
f. Add a formula to cell B12 to calculate the monthly loan payment based on the information in cells B9:011. Use a negative number for the Pv argument. B I = III = Merge & Paste Format Clipboard B13 4 x Font Allgnment fx B D E F i Party Financing As of 2 7/11/21 3 4 # of Invitations # of Guests 58 79 5 6 8 9 7 sh Available for Event $2,500.00 We Need to Borrow? yes Amount to Borrow $2,017.48 APR 7.0% # Months to Pay 12 12 thly Payment Amount $16,024.23 10 11 13 14 15 16 17 18 19 20 21 22 23 24 to 8 te +2 Guest List Shopping List Places to Shop Summary
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