Question
Acouplewillretirein50years.Theyplantospendabout$30,000ayearinretirement,whichshouldlastabout25years.Theybelievethattheycanearn8%interestonretirementsavings.Iftheymakeannualpaymentsintoasavingsplan,howmuchwilltheyneedtosaveeachyear?Assume,thefirstpaymentcomesinoneyear. i know how to do with formula, but i don't know how to use baii- plus to do this question
- Acouplewillretirein50years.Theyplantospendabout$30,000ayearinretirement,whichshouldlastabout25years.Theybelievethattheycanearn8%interestonretirementsavings.Iftheymakeannualpaymentsintoasavingsplan,howmuchwilltheyneedtosaveeachyear?Assume,thefirstpaymentcomesinoneyear.
i know how to do with formula, but i don't know how to use baii- plus to do this question
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