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If it can be done on the financial calculator please show how! thank you Question 26 Sasha has an investment worth 62,230 dollars. The investment
If it can be done on the financial calculator please show how! thank you
Question 26 Sasha has an investment worth 62,230 dollars. The investment will make a special payment of X to Sasha in 4 years from today. The investment also will make regular, fixed annual payments of 7,400 dollars to Sasha with the first of these payments made to Sasha later today and the last of these annual payments made to Sasha in 8 years from today. The expected return for the investment is 4.47 percent per year. What is X, the amount of the special payment that will be made to Sasha in 4 years? 1 point Number Help Number Question 42 1 point Number Help Mary Jo wants to buy a boat that is available at two dealerships. The price of the boat is the same at both dealerships. Middlefield Motors would let her make quarterly payments of 4,008.12 dollars for 12 years at a quarterly interest rate of 3.2 percent. Her first payment to Middlefield Motors would be due immediately. If Fairfax Boats would let her make equal monthly payments of 4,433.19 for 2 years and if her first payment to Fairfax Boats would be in 1 month, then what is the monthly interest rate that Mary Jo would be charged by Fairfax Boats? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098. NumberStep by Step Solution
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