a house. What amount should save regularly from their month-end checks if your savings can earn 5.5% annually. Therefore: FV = 30,000 n = 4 (12) = 48 i = 5.5% / 2 = 2.75% c = 2 / 12 = 0.16, ie = (1.0275) ^ 0.16-1 = .004531682 calculation should be: 30,000 = PMT (1.004531682 ^ 48 – 1 / .004531682) When PMT = $ 560.90 Can someone help walk me through it? I do not know your not coming in my calculator. Nevermind found, then if you want a free higher response.
This is absolutely ridiculous. I can not believe that right now is serious. Their must be a joke !!!!! Maybe I should call a loan officer or ask a teacher to help you. Who knows what he's talking about. If you already have all the formulas, then you should be able to solve this very easily.
TI-83 and TI-84 5-Key Time Value of Money Part One
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