How to solve this question using the calculator and not an equation? Is it possible? And what are the inputs

FVAN=PMT[1(1+1)N11]=PMT1 As you might expect, annuity problems can be solved lator or a spreadshcet, most of which have the following PV(1+1)N+PMT[1(1+1)N1]+FV=0 PMT key. Here's the calculator setup for our il Output We enter PV=0 because we start off with nothing an of each of the 3 years. we will deposit this amount in the account at get the answers at the end come out of the with rate is 5%, and when we press the FV key we payments coming calculatis that is, to deal winary must set the calculator appropriately. As at the end of each to switch "End Mode" or some," ordinary annuities. However, there is a key thities, the designator is "Begin," "Begin on Begin annuities and annuities due. For ordinary due the designator is calculator on best for 1 thing similar is used, while for annuke mistake and ment will earn interest for large. year, which will cause the compounded amounts, function, =FV, 1,7N,PV. The spreadsheet approach uses Excel's example, we have =FV(0.05,3,100,0), and For an ordinary annuity with 5 annual payments of $100 and a 10% interest rate, for how malue of this payment years will the first payment earm interest, and what is the compounded value of this payment Assume that you plan to buy a condo 5 years from now, and you estimate that you can save \$2,500 per year toward a down payment. You plan to deposit the money in a bank that pays 4% interest, and you will make the first deposit at the end of this year. How muah willyou have were after 5 years? ($13,540.81) How would your answer change if the increased to 6%, or decreased to 3% ? ($14,092.73;$13,272.84) 10%100100100100100 hts Reserved. May not be copied, scanned, or quplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from content does not materially affect the overall Carming experience. Cengage Learning reserves the right to remove additional content at any time if subs