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

An investor invested $15,000 in a stock that has averaged a 8% return for 25 years.He/shewill also invest $5,000 at the beginning of each year for 25 years.Calculate the future value &the 'future value of an annuity due and add both answers together.Calculate the sameproblem using the Excel spreadsheet and the =FV() formula.

Note - the Future Value Syntax is =FV(rate,nper,pmt,[pv],[type])rate = % or decimal, nper = number of periods, (years, months etc.), pmt = payments,since there are no payments for a lump sum FV problem, put a comma & a blank spacefor pmt, pv = present value, ($ amount), use a negative $ amount, type = investing $ atend or beginning of year, 0 = end of year, 1 = beginning of year, use 0Note - the Future Value of an Annuity Due Syntax is =FV(rate,nper,pmt,[pv],[type])rate = % or decimal, nper = number of periods, (years, months etc.), pmt = payments,($ amount), use a negative $ amount, pv = present value, put a 0, type = investing $ at endor beginning of year, 0 = end of year, 1 = beginning of year, use 1