*Texas BA II*:

**BGN** Mode

I/Y = 1

PMT = 30000

N = 53

FV = 0

[CPT] PV = -1241825.83

\frac{1,241,825.83}{1.01^{20}} = 1,017,731.49

*Texas BA II*:

**BGN** Mode

I/Y = 1

PMT = 30000

N = 53

FV = 0

[CPT] PV = -1241825.83

\frac{1,241,825.83}{1.01^{20}} = 1,017,731.49