Using the t1-83 plus TVM solver or similar tool. create complete tables like the following to see which option is the
most effective investment. the choices are monthly payments of $200 at annual interest rate 5% for 10 years(option
A). doubling the payments (option B). doubling the interest (option C) or having the payment/compounding periods
take place twice as often (option D).
STATE WHICH OF THESE OPTIONS IS THE BEST AND WHY IT IS THE MOST EFFECTIVE.
don't have the tvm solver any one can help
thanks
most effective investment. the choices are monthly payments of $200 at annual interest rate 5% for 10 years(option
A). doubling the payments (option B). doubling the interest (option C) or having the payment/compounding periods
take place twice as often (option D).
STATE WHICH OF THESE OPTIONS IS THE BEST AND WHY IT IS THE MOST EFFECTIVE.
don't have the tvm solver any one can help
thanks