1. Doris purchased a piano with $300 down and end-of-month payments of $124 for two-and-a-half years at 9% compounded monthly. What was the purchase price of the piano?

2. A contract valued at $11 500 requires payment of $1450 at the end of every six months. If interest is 10.5% compounded semi-annually, what is the term of the contract?

Show the financial calculator steps with values. I need help on how to enter the values in the calculator. (BA II Plus)