Price of Bus  $45,000 Annual Interest Rate 2.0% Years to Pay 10 Monthly Payment per bus =               (Hint- Use the PMT Function)   Total Number of Buses   4 Monthly payment (all 4 buses)   =

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Price of Bus  $45,000

Annual Interest Rate 2.0%

Years to Pay 10

Monthly Payment per bus =               (Hint- Use the PMT Function)

 

Total Number of Buses   4

Monthly payment (all 4 buses)   = 

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When I type in that calculation is comes out as "0"   =PMT(B2/12,B3*12,-B1)

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