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You MUST use the TI BA II calculator features ( N , I / Y , PV , PMT , FV ) to solve questions.
You MUST use the TI BA II calculator features N IY PV PMT FV to solve questions. JeanRene wants to make a lumpsum deposit today such that at the end of every three months for the next five years he can receive a payment starting at $ and increasing by each time thereafter. At the end of the term, an additional lumpsum payment of $ is required. If the annuity can earn compounded semiannually, what lump sum should he deposit today?
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