Question: Is this problem something that can be solved with a BAIIPlus? If so how. The example I find creates an error. A well-known financial writer

Is this problem something that can be solved with a BAIIPlus? If so how. The example I find creates an error.

A well-known financial writer argues that he can earn 148 percent per year buying wine by the case. Specifically, he assumes that he will consume one $14 bottle of fine Bordeaux per week for the next 12 weeks. He can either pay $14 per week or buy a case of 12 bottles today. If he buys the case, he receives a discount of 9 percent and, by doing so, earns the 148 percent. Assume he buys the wine and consumes the first bottle today. What is the EAR of purchasing wine by the case with this discount?

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