Question: Please do step by step on how to solve on a Financial Calculator and please type it out no handwritten notes What is the future
Please do step by step on how to solve on a Financial Calculator and please type it out no handwritten notes
What is the future value of a 14-year ordinary annuity with annual payments of $34,000, evaluated at a 5.3 percent interest rate? Round it to two decimal places, round it to two decimal places, and do not include the $ sign, e.g., 123456.54
Your credit card says it charges 19.0% APR with daily compounding. What real annual rate are they charging? That is, find the effective annual rate (EAR). Express in percentage but do not include the % sign, and round it to two decimal places, e.g., 9.45 (for .0945 or 9.45%)
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