Question
Does any one know the correct way to put this in TI-84calculator? I know its under apps, finance and then TVM solver. Must be putting
Does any one know the correct way to put this in TI-84calculator? I know its under "apps", "finance" and then TVM solver. Must be putting things in the wrong places.
Lauren plans to deposit$7000into a bank account at the beginning of next month and$150/month into the same account at the end of that month and at the end of each subsequent month for the next4years.If her bank pays interest at a rate of4%/year compounded monthly, how much will Lauren have in her account at the end of4years?(Assume she makes no withdrawals during the4-yearperiod. Round your answer to the nearest cent.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started