Question 1188536
the present value is equal to 45,072.94
the future value is equal to 50,796.85


these results were obtained through the use of the financial calculator at <a href = "https://arachnoid.com/finance/index.html target = "_blank">https://arachnoid.com/finance/index.html</a> and through the use of excel.


for the present value analysis through the use of the financial calculator, inputs were everything except pv.


for the future value analysis through the use of the financial calculator, inputs were everything except fv.


the excel analysis shows the quarter by quarter payments along with the use of the excel built-in functions that calculated pv and fv as shown.


here are the results.


<img src = "http://theo.x10hosting.com/2021/121208.jpg" >


<img src = "http://theo.x10hosting.com/2021/121209.jpg" >


<img src = "http://theo.x10hosting.com/2021/121210.jpg" >


in the financial calculator, the percent interest rate was used.
in excel, the interest rate was used.
percent interest rate = interest rate * 100.
interest rate = percent interest rate / 100.