Ask question

Ask question

All categories

3 months ago

14

Using cell references, enter a formula in cell B6 to calculate monthly payments for the loan described in this worksheet. The an

nual interest rate is stored in cell B3, the number of payments in cell B4, and the loan amount in cell B2. Omit the optional arguments. The result of the formula should be a negative number.

1 answer:

Zina [12.3K]3 months ago

5 0

Response:

Here is the solution to the question:

Detailed Steps:

The following steps will be followed in this task:

Step 1: Utilize the formulas tab on the sheet where you will apply the function found in the FLG "Function Library group".

Step 2: Click on the Financial button, then select PMT.
Step 3: After selecting PMT, input "B3/12" into the rate argument box.
Step 4: In B4, fill in the Nper argument box with the value found in cell "B2" for the Pv argument box.
Step 5: Click the OK button to finish.

You might be interested in

What is the positive solution to the equation 0 = –x2 + 2x + 1? Quadratic formula: x = StartFraction negative b plus or minus St

zzz [12365]

Answer:

$1+\sqrt{2}$

Step-by-step explanation:

Consider a quadratic equation given by

$ax^2+bx+c=0$ .... (1)

The quadratic formula then is

$x=\dfrac{-b\pm \sqrt{b^2-4ac}}{2a}$

The quadratic equation provided is

$0=-x^2+2x+1$

This can be expressed as

$-x^2+2x+1=0$ .... (2)

By comparing (1) and (2), we derive:

$a=-1,b=2,c=1$

Plug these values into the quadratic formula.

$x=\dfrac{-2\pm \sqrt{2^2-4(-1)(1)}}{2(-1)}$

$x=\dfrac{-2\pm \sqrt{4+4}}{-2}$

$x=\dfrac{-2\pm \sqrt{8}}{-2}$

$x=\dfrac{-2\pm 2\sqrt{2}}{-2}$

Factoring out common elements.

$x=\dfrac{-2(1\pm \sqrt{2})}{-2}$

$x=1\pm \sqrt{2}$

The two solutions are

$x=1+\sqrt{2}$ and $x=1-\sqrt{2}$

We recognize that

$\sqrt{2}=1.41$

Thus,

$1$

Consequently, root $x=1+\sqrt{2}$ is positive while $x=1-\sqrt{2}$ is negative.

9 0

3 months ago

Read 2 more answers

A periscope is 5 feet above the surface of the ocean. Through it can be seen a ship that rises to 50 feet above the water. To th

PIT_PIT [12445]

The maximum distance visible on Earth is calculated using the formula $d=\sqrt{8,000h_1} + \sqrt{8,000h_2}$

$h_1$ = your initial height and $h_2$ = your secondary height

In this case, $h_1=5$ represents the height of the periscope and $h_2=50$ denotes the height of the ship, leading us to a distance of 832.45553203368 feet. However, rounding to the nearest mile yields the answer as $11^a^0$

If there are any discrepancies, please inform me and I will recalculate!

5 0

2 months ago

If the point (4,-1) is a point on the graph of f, then f(_)=_

Leona [12618]

La respuesta es 4,13 al problema.

5 0

2 months ago