Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. i tried doing it on my own and i couldn't, please

I tried doing it on my own and I couldn't, please explain to me why...

50.1K

Verified Solution

Question

Finance

image

I tried doing it on my own and I couldn't, please explain to me why when I type the following in my AB II Plus

FV= 1,000

PV= -897.37

N= 5

I/Y= 6.2

and I try to calculate (CPT) for (PTM) and I get -5,99 for answer, what am I doing wrong?

3 Homework: Homework Chapter 6

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

How many grams of silver chloride can be prepared by the reaction of 107.0 mL of...

Physics
1.2K views

ESSAY TYPE QUESTION:    Define Newton’s three laws of motion, and explain what they represent collectively. Also provide...

Advance Math
1.2K views

Use the simplex method to answer the following problem. Include all tableaus. Delvecchio's pizza shop makes three...

Accounting
1.2K views

1. The auditor's responsibility section of the standard unmodified opinion audit report under US GAAS states: a)...

Basic Math
1.2K views

When playing American roulette, the croupier (attendant) spins a marble that lands in one of...

Calculus
1.2K views

Find all zeros of the polynomial Enter your answers as a comma separated list Enter...

Algebra
1.2K views

10 When is the expression a negative What is your reasoning Check all conditions that...

Accounting
1.2K views

Using the information from the problem and the key data below, complete the income statement...

Accounting
1.2K views

Chubbyville purchases a delivery van for $22.500. Chubbyville estimates a four-year service life and a...

Accounting
1.2K views

36. A company establishes a $400 petty cash fund on August 3 to pay for...

Accounting
1.2K views

Interview Notes Owen, age 69 and Kimberly, age 64 elect to file Married Filing...

Finance
1.2K views

The risk-free rate of return is 2.3 percent and the market risk premium is 7.2...