Question: Please do it by BA II plus calculator. I need step by step on calculator You want to endow a scholarship that will pay $7,000

Please do it by BA II plus calculator. I need step by step on calculator
You want to endow a scholarship that will pay $7,000 per year forever, starting one year from now. If the school's endowment discount rate is 10%, what amount must you donate to endow the scholarship? The amount you must donate is $ (Round to the nearest cent.) You have a loan outstanding. It requires making eight annual payments of $4,000 each at the end of the next eight years. Your bank has offered to allow you to skip making the next seven payments in lieu of making one large payment at the end of the loan's term in eight years. If the interest rate on the loan 8%, what final payment will the bank require you to make so that it is indifferent to the two forms of payment? The final payment the bank will require you to make is $ (Round to the nearest dollar.)
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