Question: hello I am required to solve this problem on BA ll Plus calculator. I can't figure out the PMT, I think the N is 6*12
hello I am required to solve this problem on BA ll Plus calculator. I can't figure out the PMT, I think the N is 6*12 and the Y/I is 12/2.
A student needs $8000 every 6 months to pay living expenses while at college. It will take him 6 years to complete his degree. Find the lump sum needed today and the interest earned assuming the same 12% semiannual compounding
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