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Use both the TVM equations and a financial calculator to find the following values ( Hint : If you are using a financial calculator ,
Use both the TVM equations and a financial calculator to find the following values Hint : If you are using a financial calculator you can enter the known values and then press the appropriate to find the unknown variable Then without clearing the TVM register you can override the variable that changes by simply entering a new value for it and then pressing the key for the variable to obtain the second answer This procedure can be used in parts b and d and in many other situations to see how changes in input variables affect the output variable round intermediate calculations Round your answers to the nearest cent An initial $ compounded for years at b An initial $ compounded for years at The present value of $ due in years at a discount rate The present value of $ due in years at a discount rate
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