Question: Unless otherwise indicated, all questions may be solved using either a formula or the TVM Solver. If the TVM Solver is used, please indicate the

Unless otherwise indicated, all questions may be solved using either a formula or the TVM Solver. If the TVM Solver is used, please indicate the that was entered for each variable. R[(1 +5)* - 1] A- 1. a) Use the formula 1 Calculate A for R = $1400, i = 0.06, and n = 8. [2 marks] b) Write an annuity question for which part a) would be the solution. [2 marks]
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