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You are trying to calculate the present value of an annuity by using a financial calculator that requires you to specify the interest rate (I/Y).
You are trying to calculate the present value of an annuity by using a financial calculator that requires you to specify the interest rate (I/Y). This annuity makes monthly payments of $180. If the interest rate is 11% compounded quarterly, what is the number you should enter in your financial calculator for the interest rate? Answer to 4 decimal places. ABCCo. is planning its operations for next year, and Ronnie Clayton, the CEO, wants you to forecast the firm's additional funds needed (AFN). Data for use in your forecast are shown below. Based on the AFN equation and assuming the company is at full capacity, what is the AFN for the coming year? Positive indicates AFN, negative is excess funding. Answer to the nearest cent ( 2 decimal places) Your
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