When interest is compounded continuously it is compounded an infinite number of times a year. Provide each student with a copy of the attached pdf document. After adding 1 to this expression we raise it to 4 1 representing 4 for n and 1 for t the number of years.
Provide each student with a copy of the attached pdf document.
Press the apps button on the calculator and press enter to load the TVM Solver which is the 1st choice. 1060 X 6 6360. Make sure to select the box for END. Total number of payments.