Question

can you please use TI calculator and provide steps.

Question 4 1/1 point I make an initial deposit of $4,000 followed by withdrawals of $25.00 per month. The nominal APR is 800% compounded semian balance in 40 years? ally what is my $9,818 $78,418 $8,145 $176,254 Question 5 1/1 point Same as Problem 4 except different withdrawal. I make an initial deposit of $4,000 followed by withdrawals of $300 per month. The nominal APR is 800% compounded semi-annually. balance in 40 years? What is my $7,637) $193,064 ($8,666) $8,145 1/1 point Question 6

Answer 1

1.
PMT=-25
PV=4000
N=12*40
I/Y=(1.04^(2/12))-1
CPT FV=8145

2.
PMT=-30
PV=4000
N=12*40
I/Y=(1.04^(2/12))-1
CPT FV=8145