I am confused on #36 of 3.3 in Finite Math for Business.  My teacher wants me to find the interest using the TVM solver on my TI-84 and using the formula I=PRT.  I am not sure what values to plug into my calculator though.

Could someone please do these calculations by hand? I can't really understand the excel spreadsheet explanations. Thank you!

Your friends were excited to hear you have chosen accounting for a career. They have several practical questions regarding money and interest (time value of money). Please assist your friends by answering their respective questions. For each question: A. Estimate without using a table, calculator, etc. B. Document the "step-by-step" detail showing them how you solved the question. NOTE: To solve use one of the following: • EXCEL Include all the detail steps for whichever tool you choose. For example, if using EXCEL show all formulas (copy so reader could duplicate your work). If using a business calculator, in detail in proper order show numbers and buttons you input to obtain your answer. C. Provide a one to three sentence written explanation to your friend explaining the basic time value of money concept(s) impacting the solution. Friend #1 – Car Loan – What will by my monthly payment if I purchase a used car for $8,500? The dealer has offered to finance the purchase (car loan) over…

Your friends were excited to hear you have chosen accounting for a career. They have several practical questions regarding money and interest (time value of money). Please assist your friends by answering their respective questions.   For each question: Estimate without using a table, calculator, etc.   Document the “step-by-step” detail showing them how you solved the question.   NOTE: To solve use one of the following: EXCEL   Include all the detail steps for whichever tool you choose. For example, if using EXCEL show all formulas (copy so reader could duplicate your work). If using a business calculator, in detail in proper order show numbers and buttons you input to obtain your answer.   Provide a one to three sentence written explanation to your friend explaining the basic time value of money concept(s) impacting the solution.       Problems start with “Friend #1” at the top of page 2.

Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!

In many of the resources I've found in regards to the Black-Scholes Formula, it uses the natural logarithm (ln).  However, in the textbook that I am using (by Sheldon Ross), it uses the regular logarithm (log).  Everything else is the same, except for that.  Needless to say, a different answer results depending on which logarithm form is used.  For example, in one problem I've done, if I use the natural logarithm I get a cost of $1.82, but if I use the regular logarithm, I get a cost of $-1.37. Is there a reason why different logarithms are used?  If so, what version of the formula should I be using?  It seems to matter in the results.

What I dont understand from this question is the incorrect answers that I have in the picture which are 3700 and 66000 then what I sould put there

Good day! I need your help tutor please answer the question attached below. The answer is already provided, which means that will be your basis if your answers are correct or not. Ps. In your solution, you identify the given and the what is being asked in the problem and I want to see the formula that you used and box your final answer. Don't give me a solution that is made in ms excel, I am not econ major so i'm asking for you to do the manual or the traditional computation.Lastly, don't give me a shortcut solution because i want to learn and study your computation :)

Hi, my name is Jennifer. I am having trouble with this same problem. But the sub-parts I need help with are C, D, and E. But more specifically, really just sub-parts D and E. The only parts I see being answered are sub-parts A, B, and C only in the 8 solutions posted. May I please receive help for the top sub-parts of C, D, and E ONLY, please? It would be much appreciated. Thank you. :) -- Jennifer Sutton

Good day! I need your help tutor please answer the question attached below. The answer is already provided, which means that will be your basis if your answers are correct or not. Ps. In your solution, you identify the given and the what is being asked in the problem and I want to see the formula that you used and box your final answer. Don't give me a solution that is made in ms excel, I am not econ major so i'm asking for you to do the manual or the traditional computation.Lastly, don't give me a shortcut solution because i want to learn and study your computation :)