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solve it using TAI BAII calculator features (N,PV,I/Y,PMT,FV) Red Deer College wants to set up a scholarship for students in its business programs such that

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solve it using TAI BAII calculator features (N,PV,I/Y,PMT,FV)

Red Deer College wants to set up a scholarship for students in its business programs such that at the end of every year it could distribute a total of $50,000. If the perpetuity fund can earn 4.85% compounded semiannually, how much money will need to be raised to fund the scholarship? Carradine Industries needs to set a two-year quarterly lease price on some new equinment it is offering to its

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