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Type 12 Enter and then press down arrow and you will see NPV = 0.00. ... To solve this problem we must not only tell the calculator about the annual cash flows, ...
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In this case, we did not have an annuity payment (PMT), so the third argument in the ... Note that, unlike most financial calculators, there is no argument to set the ...
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Write down (and label) that number to the side of the problem. ... then you must adjust N so that it reflects the total number of quarterly (not annual) time periods.
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