How much did ben pay for the investment


Problem: On March 15, 2024, Ben bought a government-guaranteed short-term investment maturing in 181 days. How much did Ben pay for the investment if he will receive $10,000 when the investment matures, and interest is 2.06%?

You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions whenever possible.

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Finance Basics: How much did ben pay for the investment
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