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You want to go to grad school 3 years from now and you can save $5,000 per year. De immediately. You plan to deposit the fund
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Answer #1

1.
Set mode to BGN
N=3
PMT=-5000
PV=0
I/Y=9%
CPT FV=17865.645

2.
Set mode to END
N=5
I/Y=6%
PMT=-1000
FV=0
CPT PV=4212.36378556572

3.
Set mode to BGN
PMT=-50000
I/Y=6%
N=20
FV=0
CPT PV=573496.060928263

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