I need help determining the answer for the top one, with an explanation of how a financial calculator is used for it

mation. amounts and keystrokes you would use on ancial calculator to determine the answer in each of the given scenarios. Round final answers to the nearest whole dollar or number; when using 1/4 in a calculation round to the nearest two decimal places, but when solving for 1/Y, the final answer should be Founded to the nearest whole number and do not enter a % symbol. 1AC Enterprises won an award and will be paid $2,240,000. The company can receive a check for $280,000 at the end of the year for amp sum payment of $1,671,964 today. What is the interest rate used to determine the lump sum payment amount? (Note: When er Honey problems with two dollar amounts, one of the amounts must be negative. For this problem, use the drop-down to add the "+/- mediately before PMT.) Amount Keystroke Step 1: 280,000 PNT Step 2: 8 N Step 3: 1.671.964 PV Step 4: CPT TY Answer: M Metal Works, Inc. borrowed $9,000 from its bank at an interest rate of 7% and will make quarterly payments of $2,100. How mar M Metal Works to repay the borrowed money? Round to the nearest whole number. (Note: When entering Time Value of Money pr mounts, one of the amounts must be negative. For this problem, use the drop-down to add the "+/-" button as a keystroke immedia Amount Keystroke Step 1: Step 2: mation. amounts and keystrokes you would use on ancial calculator to determine the answer in each of the given scenarios. Round final answers to the nearest whole dollar or number; when using 1/4 in a calculation round to the nearest two decimal places, but when solving for 1/Y, the final answer should be Founded to the nearest whole number and do not enter a % symbol. 1AC Enterprises won an award and will be paid $2,240,000. The company can receive a check for $280,000 at the end of the year for amp sum payment of $1,671,964 today. What is the interest rate used to determine the lump sum payment amount? (Note: When er Honey problems with two dollar amounts, one of the amounts must be negative. For this problem, use the drop-down to add the "+/- mediately before PMT.) Amount Keystroke Step 1: 280,000 PNT Step 2: 8 N Step 3: 1.671.964 PV Step 4: CPT TY Answer: M Metal Works, Inc. borrowed $9,000 from its bank at an interest rate of 7% and will make quarterly payments of $2,100. How mar M Metal Works to repay the borrowed money? Round to the nearest whole number. (Note: When entering Time Value of Money pr mounts, one of the amounts must be negative. For this problem, use the drop-down to add the "+/-" button as a keystroke immedia Amount Keystroke Step 1: Step 2