please help!!

Three formulas for calculating present value are shown below.
Formula #1: PV= FV/(1+i)^nt
Formula #2: PVOA=C(1/i-1/i(1+i)^nt)
Formula #3: PVAD=C(1/i-1/i(1+i)^nt-1)+C

Part 1: Using complete sentences, explain how each of these formulas is used.
Part 2: Create an example scenario for at least one of the formulas

Question

please help!!

Three formulas for calculating present value are shown below.
Formula #1: PV= FV/(1+i)^nt
Formula #2: PVOA=C(1/i-1/i(1+i)^nt)
Formula #3: PVAD=C(1/i-1/i(1+i)^nt-1)+C

Part 1: Using complete sentences, explain how each of these formulas is used.
Part 2: Create an example scenario for at least one of the formulas

anonymous · Answer

@Theredman55555 @TylerMJ325 @Theredman55555 @TheTragicallyRomantic

anonymous · Answer

whats up u called me

amistre64 · Answer

looks like PV of some static future amount

the others are OD is ordinary annuity (and AD is ... tip of me brain)

amistre64 · Answer

OA ordinary annutiy

AD annuity due, first payment is made before interest is calculated

amistre64 · Answer

other than knowing alittle about what they are ... im not gonna be good at complete sentences ...

amistre64 · Answer

spose you need to have say 5000 saved up in a savings account in the future, how much would you deposit today, at some interest rate to obtain that future amount?

amistre64 · Answer

the others deal with the assumption of making (or receiving) regular payments to the account