Based on the entries into the TVM solver, the expression that will return the same value for PV is [tex]\frac{(620) (( 1 + 0.066)^{108} - 1) }{(0.066) (1 + (0.066))^{108}}[/tex].
Which formula will give the same Present Value?
The formula for present value for this series of cashflows is:
= [tex]\frac{(Payment) (( 1 + Interest rate)^{Number of years} - 1) }{(Periodic interest) (1 + (Periodic interest))^{Number of years}}[/tex]
Based on the P/Y and the C/Y being 12, the number of periods given in the graphing calculator will be the same in the formula, which is 108 periods.
The interest rate of 6.6% will also be the same in the formula.
The best option is therefore option B which has all these figures and so will give the same present value.
Find out more on present value at https://brainly.com/question/25792915.
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