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12. You plan to invest $20,000 per year for 10 years and $35,000 per year for...

12. You plan to invest $20,000 per year for 10 years and $35,000 per year for the next 10 years. What is the future value of this 20-year investment Use the 10% discount rate.

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Answer #1

Value of $20,000 per year at year 20 = pmt x ((1+r)^n-1))/ $1,145,499.99 [ 20,000*(((1.10^20)-1)/0.10)] then additional value

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