Finite Math Examples

, ,
Present value is the value on a given date of a future payment or series of future payments, discounted to reflect the time value of money and other factors such as investment risk.
Remove parentheses.
Substitute the values into the formula.
Simplify .
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Simplify the denominator.
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Convert to a decimal.
Add and .
Raise to the power of .
Divide by .
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