Finance and Investment; Briefly explain the method of solution to be used with reasons why this method is appropriate (one ortwo sentences only)” eg”we need to calculate the FVto determine the lump sum needed” and only once forthe question unless the sub-question(s) require a different method. use the approach below for calculations as i will be using financial calculator
Use a financial calculatorto solve:
PV
A l/Y
B N
COMP FV
FV= $X>OOOOO(X
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