need these elaborately explained using a TI-83 + calculator, like finance for dummies. no excel functions. please explain acroynms and formulas for fulla credit.

What is the yield to maturity? Rob wants to invest $15,000 for 7 years. Which one of the following rates will provide him with the largest future value? 6. You want to invest an amount of money today and receive back twice that amount in the future. You expect to earn 6 percent interest. Approximately how long must you wait for your investment to double in value? 7. Precision Engineering invested $125,000 at 6 percent interest, compounded annually for 3 years. How much interest on interest did the company earn over this period of time? 1 Page 8. You want to invest an amount of money today and receive back twice that amount in the future. You expect to earn 5 percent interest. Approximately how long must you wait for your investment to double in value? 9. Which savings accounts should you choose: - APR -5.25% with daily compounding (assume 365 day/year) - APR-5.30% with semiannual compounding. EAR = [1+ APR"-1 10. Hob just retired. His portfolio is worth $1 MILLION. If he keeps it in a retirement account that earns 6.25 percent. His plan is to withdraw an equal amount from this account at the end of each year for the next 25 years and then have nothing left. How much can he withdraw each year? Consider a 4-year loan with monthly payments. The interest rate is 8% and the principal amount is $5000. Each payment covers the interest expense plus reduces principal Ending Payment Beginning Balance Interes t Paid Principal Paid Balanc month What are the values of ABC? 2 Page What is the yield to maturity? Rob wants to invest $15,000 for 7 years. Which one of the following rates will provide him with the largest future value? 6. You want to invest an amount of money today and receive back twice that amount in the future. You expect to earn 6 percent interest. Approximately how long must you wait for your investment to double in value? 7. Precision Engineering invested $125,000 at 6 percent interest, compounded annually for 3 years. How much interest on interest did the company earn over this period of time? 1 Page 8. You want to invest an amount of money today and receive back twice that amount in the future. You expect to earn 5 percent interest. Approximately how long must you wait for your investment to double in value? 9. Which savings accounts should you choose: - APR -5.25% with daily compounding (assume 365 day/year) - APR-5.30% with semiannual compounding. EAR = [1+ APR"-1 10. Hob just retired. His portfolio is worth $1 MILLION. If he keeps it in a retirement account that earns 6.25 percent. His plan is to withdraw an equal amount from this account at the end of each year for the next 25 years and then have nothing left. How much can he withdraw each year? Consider a 4-year loan with monthly payments. The interest rate is 8% and the principal amount is $5000. Each payment covers the interest expense plus reduces principal Ending Payment Beginning Balance Interes t Paid Principal Paid Balanc month What are the values of ABC? 2 Page