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Math Help - Present Value, Future Value, Rate

  1. #31
    is up to his old tricks again! Jhevon's Avatar
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    Quote Originally Posted by neverlosehope View Post
    OK all the problem i have read it'a ll about
    a person indebted or signed a loan for $.... that was due it's p & we need to get m
    & all the problems that say a person borrowedn on whatever any day it's m & we need to get p


    is that a standred
    no, P is always what is borrowed. Whatever we sign a loan for that's P. M is what we should pay afterward, it's what's due after the interest is applied
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  2. #32
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    ok so what is indebyed is m & we need to get p
    & what is signed or borrowed it's p & we need to get m

    Is that right????
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  3. #33
    is up to his old tricks again! Jhevon's Avatar
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    Quote Originally Posted by neverlosehope View Post
    ok so what is indebyed is m & we need to get p
    & what is signed or borrowed it's p & we need to get m

    Is that right????
    yes. but we don't actually know what we need to get, we have to read the question to see what it asks for
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  4. #34
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    so, if a person indebted so it's M & we need to get p
    & if a person borrowed or signed a loan so it's p & we need to get M

    Is that what u mean???
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  5. #35
    is up to his old tricks again! Jhevon's Avatar
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    Quote Originally Posted by neverlosehope View Post
    so, if a person indebted so it's M & we need to get p
    & if a person borrowed or signed a loan so it's p & we need to get M

    Is that what u mean???
    I am saying what is a person is indebted is M and what they borrowed was P. we have to read the question to know what we need to get.

    it is not every question that gives us P asks us to find M or every question that gives us M asks us to find P.

    Just know what M and P is, and then read the question to see what you need to get
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  6. #36
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    Ok i got i got thank u soo much
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