Question: for each problem, explain please which buttons to use on the financial calculator BA II PLUS to compute the right outcome.expalin very well each step
for each problem, explain please which buttons to use on the financial calculator BA II PLUS to compute the right outcome.expalin very well each step and button slowly please.
exampl e
:
financial calculator steps
calculate the future value of an annuity
What would you accumulate if you could invest $
every year
for the next
years at
PV
FV
PMT
I
N
example
:
calculate the present value of an annuity
Example
:
You have a $
retirement fund and wish to take out
equal annual withdrawals over the next
years
How much
can you withdraw if interest rates are
on the investment?
PV
FV
PMT
I
N
do not calcuate using formulas, explain the buttons of the financial calculator, the steps
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