Suppose you are deciding on how much to spend on a car. You$$re torn

between two cars, one is $$10,000$ more than the other. Let$$s ignore the

difference in quality, resale value, costs of operation and repair or

loans for now. Using this $$10,000$ difference let$$s assume you choose

to buy the less expensive car and invest this amount instead in the

stock market. Let$$s assume further you earn on average $10\%$ return

with a $3\%$ inflation rate over a $46-$year period $($for many of you about

the time you might retire$)$ and you never contribute to this account

again. Use the template on this tab to compute the Future Value $($FV$)$

and Present Value $($PV$)$ of this investment. This template uses an

annual rate of compounding interest which is a conservative estimate

of FV and PV