Question: How do you solve with a financial calculator? (BA II Plus) 31) Today, Dexter is investing $24,000 at 5.5 percent, compounded annually, for 6 years.

How do you solve with a financial calculator? (BA II Plus)

31) Today, Dexter is investing $24,000 at 5.5 percent, compounded annually, for 6 years. How much additional income could he earn if he had invested this amount at 6.5 percent, compounded annually (note need to compute both)? A) $1,515.04 B) $1,927.19 C) $2,007,49 D) $2,515.04 E) $2.927.19 1320 G 6.5

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