Time value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet. which of the following equations can be used to solve for the present value of a perpetuity? fv/(1 + r) nn pv x (1 + r) nn pmt/r pmt x {1 – [1/(1 + r) nn ]}

3women sell hats at a craft fair weekly. the money they make at the fair is split into categories. 9% goes to pay taxes. $55 goes to pay rent for the space they sell in. the rest is split between the women. if the group make $706 at the fair, how much does each women get paid once the money is divided