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1. There are no partial credits .You must have every one of the following 9 entries correct, and your answer must be correct as well

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1.There are no partial credits.You must have every one of the following 9 entries correct, and your answer must be correct as well (with appropriate + or - signs shown for each entry, when relevant, and for the answer).

BGN or END Mode

P/Y

N, I/Y, PV, PMT, and FV.Enter "?" for the variable you are solving for and enter the values for the other four variables, with the appropriate sign (+ or - when relevant).

State what you are solving for in the CPT field, e.g. what comes after "CPT". This is the item you identified as a "?" in the table.

Your answer as found by the calculator with the appropriate sign.

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12. Your grandmother promises to pay you $4,000 in 4 years when you get your degree. That would be your graduation present. You need the money now urgently. How much should you ask for now to be fair to her? Assume interest rate is 10%. 13. Your grandmother promises to pay you $1,000 per year for the next four years starting now to encourage you to stay in college. You need the money now urgently. How much should you ask for now to be fair to her? Assume interest rate is 10%. 14. Your grandmother promises to pay you $1,000 per year for the next four years to encourage you to stay in college. You need the money now urgently (to buy a calculator among other things!). So, you ask for her to give you the money now. How much should you ask for to be fair to her? Assume interest rate is 10% compounded quarterly. MOIENDMOdes-le 01E) P/Y=

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