12)Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1,000 a year for 20

years after retirement. Charlie wants to receive the first annuity payment at the end of the 31th

year. Using an interest rate of 10%, how much must Charlie invest today in order to have his

retirement annuity (round to the nearest $10)?

Note: How do I solve this using Financial calculator? What values to put in for N, PV, PMT, FV, I/Y... the answer to this question is 488 but I need to know how