Question 1173175
using the financial calculator at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a>, i made the following inputs:


pv = 0
fv = 0
np = 60
pmt = -2000
ir = 12%/12 = 1
payments made at end of time period.


i clicked on pv to get:
pv = 89,910.08


12% per year / 12 = 1% per month
number of time periods was 60 months.


here's a display of the results.
<img src = "http://theo.x10hosting.com/2021/011703.jpg" >