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PV=k Apex (:
PV = $1,783.53 =PV(5%,5,50,2000,0) PV( interest_rate, number_payments, payment, FV, Type )
Solve, using the Rule of 72 rate = 4%, years = 18, fv=$8,000. Solve for PV. Formula: PV = $1/(1+r) t PV = $8000/(1+.04) 18 PV = $8000/2.0258 3949.03 = $8000/2.20258
Independent variable (IV) x participant variable (PV). Allows researchers to examine how different individuals respond to the same manipulated IV. True experiments usually use a PV in conjunction with a manipulated IV.
FV = PV*(1+rate)^time So, (1+.03)^5 = 1.159274074 And: 700000 = PV*1.159274074, solve for PV = 603826.15 [to the nearest cent]