Question: 2. Do not use Excel. Set up the problem and use your calculator to assist in solving for the answer. Lisa wants to pay $2,200.77

2. Do not use Excel. Set up the problem and use your calculator to assist in solving for the answer. Lisa wants to pay $2,200.77 per quarter into her retirement account. Assume the account will have a xed interest rate of 5.7%. a. Approximately how long will it take for her account to reach $?1 1,000? (Answer: $30 years, 5 months) b. How much will the account have earned in total interest? (Hint: Use the TI formula for FVA and use the unrounded decimal value of your answer in a. above to nd this.) (Answer: $442,941.20) Consider the following table related to stocks. Determine the values for A and B. Do NOT just write the answer. Show how you arrive at both answers. There is no need to go to any website to obtain these answers. Just use basic mathematics. Stock PPS EPS PIE Ratio Growth Rate PEG Ratio AEO B $1.43 $14.14 13.21% 1.07"r (Answers: A = 19.28% and B = $20.22)

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