CAN YOU PLEASE SHOW HOW TO SOLVE THESE PROBLEMS ON A NORMAL CALCULATOR

Future Value of Annuity You are currently 22 years old and just started your job. You plan on saving $1,200 per year until you retire at age 65. The rate of return you believe your investments will eam is 7%. How much money will you have when you retire? Present Value of Annuity Fresh off a Beer Pong Tournament win you slip on the ice at a friends house and mangle your back. Being the responsible person you are, you decide to sue - the insurance company offers you $50,000 today or five annual payments of $12,000. The current interest rate is 8%. Which should you take