问题如下:
Bella set a new account for her worldwide-traveling plan. She plans to fund about $100,000 in five years and deposit cash in this account every month. Assume the stated annual rate is 3% and compounded monthly, the amount that Bella has to put into the account each month is:
选项:
A.$1,547
B.$1,570
C.$1,670
解释:
A is correct. Input the following data in the calculator at END mode: N=5*12=60, I/Y=3/12, FV=100,000, PV=0, then PMT=-1,547. Therefore, the monthly deposit for Bella is $1547.
这道题的3%是年利率吧?为什么只要3/12就可以了?而不是要求3%的EAR?