2.0 Using the TVM Solver
Today's Agenda
We are reviewing how to use the TVM Solver.
1) Watch the video below. 2) Complete pages 52 and 53. |
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.