Question: Please answer all and show work on how it would be done on financial calculator 6, what is the monthly payment on a $22,000, 5-year

Please answer all and show work on how it would be done on financial calculator
 Please answer all and show work on how it would be

6, what is the monthly payment on a $22,000, 5-year car loan at 3.5%? N IY PV PMT FV 7. If Butch puts $1,200 in a savings account today that earns 5%, compounded annually, how much will he have in 29 years? N IY PV PMT FV 8. Sandy likes Slurpees, She buys 2 a day and they cost $2 each. On her 20th birthday, she decides to give up one Slurpee a day and instead saves that money by depositing $60a month into a savings account that earns 5.5%, how much money will she have when she is 35? (Assume monthly compounding) N IY PV PMT FV

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!