5: Time Value of Money Calculations 65
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1234
I/YR = 9%
N=48
P/YR=12
PMT = -2,400.00
FV = -15,000.00
Begin Mode
PV=?
44 45 46 47 48
(48th payment due up front)
...
10B.book Page 65 Wednesday, June 21, 2000 5:19 PM