Question

Asked Dec 15, 2019

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Using the BA II Plus

how do I find the solution to

The Humpty Dumpty Food Store will be setting aside 35,000 each quarter starting next quarter, for the next four years. How much money will the firm have in four years if it can earn 6.25 % on its savings?

Step 1

Hi, since BA II plus calculator is unavailable now, I am solving the question using excel formula. Hope this will help.

Step 2

Future value of quarterly pa...

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