Question: please do not use excel, either type or write out the solution, thank you! Review: The connection between Future Value (FV) and Present Value (PV)

please do not use excel, either type or write out the solution, thank you!
please do not use excel, either type or write out the solution,

Review: The connection between Future Value (FV) and Present Value (PV) PV *(1 + r)t = FV FV 1 PV FV * (1 + r) (1 + r)t Where: r ---- interest rate t ---- number of periods Question 3: (1) If you invest $250 for 5 years into Fund K which offers you an interest rate at 10% per year. At the end of this investment, how much will you get from this investment? (i.e. Calculate the FV of your investment.) (2) If you will get $120 at the end of your 2-year investment in Fund F. Fund F offers you 25% per year. How much do you need to invest today for this investment? (i.e. What is the PV of this investment?)

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