Question: Complete the following problems using either a financial calculator or a spreadsheet program. Do not use interim rounding, state your answers as positive values, to
| Complete the following problems using either a financial calculator or a spreadsheet program. Do not use interim rounding, state your answers as positive values, to two decimal places for dollar or period values and four places for percentages stated as decimals; do not label answers with symbols such as $ or %. For example, 10.5% should be input as .1050. |
Seamus McIntyre started saving for retirement today by investing $462 in an account earning 0.0808. He plans to continue with monthly contributions of the same amount for 12 years. The present value of his investment is:
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