Problem Format
Mon, 29 Dec 2008 16:28:37 -0800
To help you understand the various types of time value problems, we generally use a standard format. First, we state the problem in words. Next, we diagram the problem on a time line. Then, beneath the time line, we show the equation that must be solved. Finally, we present the three alternative procedures for solving the equation to obtain the answer: (1) use a regular calculator to obtain a numerical solution, (2) use a ?nancial calculator, and (3) use a spreadsheet program. For some very eas
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