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PLEASE JUST SHOW ME HOW TO SOLVE THIS USING A BAII CALCULATOR IF YOU DO NOT HAVE A BAII PLUS CALCULATOR, DO NOT SOLVE AND
PLEASE JUST SHOW ME HOW TO SOLVE THIS USING A BAII CALCULATOR
IF YOU DO NOT HAVE A BAII PLUS CALCULATOR, DO NOT SOLVE AND LET ANOTHER EXPERT WHO HAS A BAII SOLVE THIS PROBLEMS
I WANT THE ANSWERS IN THIS FORMAT BELOW FOR EXAMPLE IF WE WERE TO FIND THE RATE OR YTM
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l. Marie needs $26,000 as a down payment for a house 4 years from now. She earns 5.25% on her savings. Marie can either deposit one lump sum today for this purpose or she can wait a year and deposit a lump sum. How much additional money must Marie deposit if she waits for one year rather than making the deposit today? A. $878.98 B. $911.13 C. $1,112.36 D. $1,348.03 2. You just won the lottery and want to put some money away for your child's college education. College will cost $65,000 in 18 years. You can earn 8% compounded annually. How much do you need to invest today? A. $9,828.18 B. $11,763.07 C. $13,690.82 D. $16,266.19
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