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Statistics 11 Online
OpenStudy (anonymous):

Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV=$12,000; i=0.02; PMT=$250; n=? n=____ (Round up to the nearest integer.)

OpenStudy (anonymous):

Is that a formula you know? It must be in your notes or textbook, yes?

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