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Use TI BA II Calculator Functions . With N, I/Y, PV, PMT, FV, C/Y, P/Y. 2. Harry paid $250 000 for a 15-year indexed annuity

Use TI BA II Calculator Functions. With N, I/Y, PV, PMT, FV, C/Y, P/Y.

2. Harry paid $250 000 for a 15-year indexed annuity in which the monthly payments received at the end of each month increase by 0.7% per payment What is the total amount received by Harry if interest is 8.4% compounded monthly

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