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25-05-2023
Mathematics

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Use the TVM Solver application of the graphing calculator to solve the following questions. Show what you entered for each of the blanks. a) How much needs to be invested at 6.5% interest compounded monthly, in order to have $750 in 3 years? [5 marks] N 1% PV PMT FV P/Y C/Y b) How long does $6750 need to be invested at 0.5% interest compounded daily in order to grow to $10000? [5 marks] N 1% PV PMT FV P/Y C/Y

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