Given the following function: Pmt(.05/12, 5*12, 50000, 0, 0), how many years is the loan and how much is the initial amount of the loan?

What will be an ideal response?


This is a 5 year loan for $50,000.

Computer Science & Information Technology

You might also like to view...

One of the advantages of Webmail is ____.

A. being able to access mail during an Internet outage B. the potential privacy risk of storing your e-mail on a remote server C. its availability from any computer that's connected to the Internet D. its inability to connect on public computers

Computer Science & Information Technology

A series of items listed by numbers is known as a(n) ____________________.

Fill in the blank(s) with the appropriate word(s).

Computer Science & Information Technology

Each time inventory drops below 20 units, the Argus Corporation orders 70 more. This is an example of ____.

a. intelligence b. optimization c. Heuristics d. Creativity

Computer Science & Information Technology

Double-click the Blend tool to make a blend between selected objects.

Answer the following statement true (T) or false (F)

Computer Science & Information Technology