cash flow and yearly payement
hello TI guru,
Can TI B II Plus do this:
I have present value $100000
Yearly return = 2%
And at the end of each year I have payement 1% from sum of the end year.
Next year I again 2% return and at the end of year 1% payement from the sum of money.
Can TI calculate how many years I have the money until is gone and what is the sum of yearly payement?