Does any one know the correct way to put this in TI-84calculator? I know its under "apps", "finance" and then TVM solver. Must be putting things in the wrong places.
Lauren plans to deposit $7000 into a bank account at the beginning of next month and $150/month into the same account at the end of that month and at the end of each subsequent month for the next 4 years. If her bank pays interest at a rate of 4%/year compounded monthly, how much will Lauren have in her account at the end of 4 years? (Assume she makes no withdrawals during the 4-year period. Round your answer to the nearest cent.)