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Supply the missing dollar amounts for each of the following independent cases:

User David Hill
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1 Answer

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Final answer:

To find the missing value in each row, use the present value for annuities formula.

Step-by-step explanation:

To find the missing value in each row, we can use the present value for annuities formula. The formula is:PV = PMT × [1 - (1+r)^-n] / rwhere PV is the present value, PMT is the payment amount, r is the interest rate, and n is the number of periods.Using the given total and rearranging the formula, we can solve for the missing value in each case.

  1. Total: $56.75
  2. Total: $43.25
  3. Total: $65.00
  4. Total: $25.50
  5. Total: $18.75
  6. Total: $59.00
  7. Total: $21.50
  8. Total: $44.50
  9. Total: $12.50
  10. Total: $43.00

User Eusid
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