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What is the present value of $41.00 (forty one dollars) deposited at the beginning of each week for 8 years earning 8.5% interest? How do
What is the present value of $41.00 (forty one dollars) deposited at the beginning of each week for 8 years earning 8.5% interest?
How do I get this answer using a financial calculator? I set it for (BEG) and plugged in $41 for PMT, 8.5% for Interest, P/yr= 48 (4x12) and N= 384 (48x8). Not getting the answer shown.
Question 4 0/1 pts What is the present value of $41.00 (forty one dollars) deposited at the beginning of each week for 8 years earning 8.5% interest? You Answered $11,335.36 Correct Answer $12,388.37 $24,439.55 $326.13 $12,368.15Step by Step Solution
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