Calculate the future valuefuture value of an annuity due

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Calculate the future valuefuture value of an annuity due=FV() and the using your Casio FX 260 Solar Fraction calculator and add both answers together. Calculate using the Excel spreadsheet and the formula.

An investor invested $25,000 in a stock that has averaged a 6% return for 30 years. He/shewill also invest $4,000 at the beginning of each year for 30 years. Calculate the future value &the 'future value of an annuity due and add both answers together. Calculate the same problem using the Excel spreadsheet and the =FV() formula.

Reference no: EM132694354

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