The periodic interest rate,the number of periods,and the payment amount must be known to calculate a present or future value using a financial calculator.

Name: The periodic interest rate,the number of periods,and the payment amount must be known to calculate a present or future value using a financial calculator.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. A financial calculator requires these inputs to calculate present or future values of an investment or loan.

The Periodic Interest Rate,the Number of Periods,and the Payment Amount