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HELP Answer this question by Texas Instruments TI-BAII Plus Financial Calculator Aaron took out a cash advance of $1,650 from Enrique's City Pawn. The loan
HELP Answer this question by Texas Instruments TI-BAII Plus Financial Calculator
Aaron took out a cash advance of $1,650 from Enrique's City Pawn. The loan (cash advance) will be paid off over the next 2 years by quarterly payments of $223.25 at the beginning of each payment period. What nominal interest rate, compounded quarterly, is Aaron being charged? Choose BGN or END ? Round your answer (nomial interest rate) to two decimal places. P/Y = C/Y = N = 1/Y = % PV = $ PMT = $ FV = $ Kori would like to start saving for a renovation project that is estimated to cost $68,000. If the project starts on April 9, 2020, how much should Kori deposit at the beginning of every three months from January 29, 2018 to April 9, 2020 in order to have accumulated enough money for the project, if interest is 6.73% compounded quarterly? Round the answers for years and N to four decimal places. Round the answer for PMT to two decimal places. Choose BGN or END ? P/Y - C/Y = DBD = days Years N = I/Y = PV = $ PMT - $ FV = $Step by Step Solution
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