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Enter 4 of the items N1Y, PV, PMT, or FV in the shaded area below, and the annuity calculator will solve for the fifth item.

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Enter 4 of the items N1Y, PV, PMT, or FV in the shaded area below, and the annuity calculator will solve for the fifth item. The solution will be such that the cash flows shown on line 14 have NPV = 0. Instructions Note that PV, PMT, and FV are initially set to round to the nearest dollar. To change this default, right click and select "Format Cells > Number > Decimal Places" and enter the desired precision. N 15 I/Y 8.00% Given Solve For PV -20,000 PMT 0 FV 63,443 Excel Formula 1 2 15 (20,000) Date PV PMT FV Cash Flow 0 0 (20,000) 0 63,443 63,443 0 0

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