can someone answer this equation using N, PMT, PV, FV and I/Y and how to...
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can someone answer this equation using N, PMT, PV, FV and I/Y and how to input into calculator
Eleanor has a large and growing collection of animated movies. She wants to replace her old television with a new LCD model, so she has started saving for it. At the end of each year, she deposits $800 in her bank account, which pays her 10% interest annually. Eleanor wants to keep saving fo 3 years and then buy the newest LCD model that is available. Eleanor's savings are an example of an annuity. How much money will Eleanor have to buy a new LCD TV at the end of 3 years, rounded to the nearest whole dollar? $2,913 $2,251 $2,648 $3,575 by the end of 3 If Eleanor deposits the money at the beginning of every year and everything else remains the same, she will save years
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