From science to arts, IDNLearn.com has the answers to all your questions. Join our knowledgeable community and access a wealth of reliable answers to your most pressing questions.
Use the PMT function in Excel to compute the monthly payment on a car each month if you borrowed [tex]$7700 at an annual interest rate of 4.73% over 4 years, where the interest is compounded monthly. Hint: The PMT (Payment) function is entered in Excel as =PMT(Rate, Nper, Pv, Fv, Type). Fv and Type are not necessary. Ignore them. Enter the amount of your monthly payment below. Do not include the dollar sign ($[/tex]). ||| Use the PMT function in Excel to compute the monthly payment on a car each month if you borrowed [tex]$7700 at an annual interest rate of 4.73% over 4 years, where the interest is compounded monthly. Hint: The PMT (Payment) function is entered in Excel as =PMT(Rate, Nper, Pv, Fv, Type). Fv and Type are not necessary. Ignore them. Enter the amount of your monthly payment below. Do not include the dollar sign ($[/tex]). |||
Sagot :
Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for visiting IDNLearn.com. We’re here to provide clear and concise answers, so visit us again soon.
