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must use ba|| calculator for ques not formulas You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve
must use ba|| calculator for ques not formulas
You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions whenever possible. 1. Seanna O'Brien receives pension payments of $3,200 at the end of every six months from a retirement fund of $50,000. The fund earns 7% compounded semi-annually. What is the size of the final pension payment? ( 5 marks) 2. For how many years will Prasad make payments on the $28,000 he borrowed to start his machine shop if he makes payments of $3,400 at the end of every three months and interest is 8.08% compounded semi-annually Step by Step Solution
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