Requirement

Using the present value and future value tables, a financial calculator, or a spreadsheet, answer the following questions.

$($Click the icon to view the questions.$)$

$($Click the icon to view the Future Value of $$1$ table.$)$

$($Click the icon to view the Future Value of an Ordinary Annuity table$)$

$($Click the icon to view the Present Value of $$1$ table.$)$

$($Click the icon to view the Future Value of an Annuity Due table$)$

$($Click the icon to view the Present Value of an Ordinary Annuity table:

$($Click the icon to view the Present Value of an Annuity Due table.$)$

$($If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, XXXXXX$.$ Round your final answer to the nearest cent, $$xx)$

a$.$ $$10,000$ is to be deposited at the end of each year for the next ten years. What is the FV of this investment if $16\%$ interest is compounded annually?

The future value $($FV$)$ of this investment is

PLEASE SOLVE WITHOUT USING EXCEL. NEED TO KNOW HOW TO SOLVE