Question 1188862
pmt = 1900
payments are at the end of each year.
number of years is 20.
interest rate per year = 15% compounded annually.


i used the financial calculator at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a>


the results are shown below:


<img src = "http://theo.x10hosting.com/2021/121503.jpg" >


inputs were everything except fv.
output was fv.


future value after 20 years is 194,642.81.


i also did an excel analysis.
it shows year by year remaining balance in the account.


here's the results.


<img src = "http://theo.x10hosting.com/2021/121504.jpg" >