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What inputs would I put in a BAII Plus Texas Instrument Calculator for the following questions below? Susan Nelson deposited $500 from her checking account
What inputs would I put in a BAII Plus Texas Instrument Calculator for the following questions below?
Susan Nelson deposited $500 from her checking account into her bond account at the end of each month for 4 years, at which point she had accumulated $27,000. If the interest was compounded monthly, what was the annual compound rate of return on the account over the 4-year period?
PMT:-500
N:4
FV:27000
C/Y:12
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