Question
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $8000; i =
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem.
PV = $8000; i = 0.005; PMT = $450; n = ?
(Round up to the nearestinteger.)
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
0132423502, 978-0132423502
