Approximately, what is the value of (P) if F=114200, n=12 years, and i= 11% per year?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
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Approximately, what is the value of (P) if
F=114200, n=12 years, and i= 11% per year?
Transcribed Image Text:Approximately, what is the value of (P) if F=114200, n=12 years, and i= 11% per year?
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