2.0 Using the TVM Solver

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Today's Agenda

We are reviewing how to use the TVM Solver. 
1) Watch the video below. 
2) Complete pages  52 and 53.

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Warm-up

Esteban and Suzanne want to take their sons on a vacation to Florida in 1 year. They estimate the trip will cost $2500. They have an account that pays 3% interest per year, compounded monthly. Determine the amount they will need to deposit at the end of each month.