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With respect to $3888.38 = FV (I, N, PMT, PV) in Excel, what does the $3888.38...

With respect to $3888.38 = FV (I, N, PMT, PV) in Excel, what does the $3888.38 represent? (Note: The third element is a payment.) How do I explain the $3338.38 to a colleague?

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jeff jeffy answered 2 years ago
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