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Using a financial calculator Texas Instrument BAII Plus , what are the key strokes/inputs to calculate the future value of the following problem? I am
Using a financial calculator Texas Instrument BAII Plus, what are the key strokes/inputs to calculate the future value of the following problem?
I am 28 years old and plan on retiring at age 65. I spend $4 each day on my favorite coffee like beverage at Starbucks. If I forego my daily Starbucks and can instead invest my money at a return rate of 10%, how much extra money will I have at the time of my retirement?
37 Years * 375 Days = 13505 Days = N
I/Y = 10
PMT = 4
Are these correct so far?
Are these the correct inputs?
If
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