A local moving service recently purchased a van by securing a loan with semiannual payments of $3300 per semiannual period for 8 years at 13% per year compounded semiannually. What was the purchase price of this van? (Round your answer to the nearest cent.)

Find the amount needed to deposit into an account today that will yield pension payments of $50,000 at the end of each of the next 15 years if the account earns interest at a rate of 7.9%/yr compounded annually. (Round your answer to the nearest cent.)

Lauren plans to deposit $5000 into a bank account at the beginning of next month and $175/month into the same account at the end of that month and at the end of each subsequent month for the next 6 years. If her bank pays interest at a rate of 6%/year compounded monthly, how much will Lauren have in her account at the end of 6 years? (Assume she makes no withdrawals during the 6-year period. Round your answer to the nearest cent.)

MAKE SURE TO USE THE TVM SOLVER ON THE TI 83-84 CALCULATOR AND LIST THE STEPS OF N= I%= PV= PMT= AND SO ON