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ROBLEM ( 1 - 4 ) You plan the following deposits into your bank account: $ 5 0 0 next year, $ 1 , 0

ROBLEM (1-4)
You plan the following deposits into your bank account: $500 next year, $1,000 the following year and $2,000 the year after that. If you can earn in annual rate of return of 8%, what one-time deposit would you need to support the indicated withdrawals? Enter the rate, the cash flows and the answer in the indicated cells in column B. Be sure that all dollar figures in column B are displayed as positive values.
If the withdrawals in Question 1 were deposits instead and you could earn 8% per year, what would your balance be immediately after your last deposit? Be sure that your answer is displayed as a positive value.
TVM MULTIPLE UNEVEN
YR OF LAST CASH FLOW
3
FV
PV
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