Expert Answer Step 1 Future value of an investment refers to the sum total value of an investment at a certain future date for all the periodic deposits made into an account by considering the effect...

What would be the proper key strokes on the BA II Plus Financial Calculator by Texas Instrument for the below response?

Extracted text: Expert Answer Step 1 Future value of an investment refers to the sum total value of an investment at a certain future date for all the periodic deposits made into an account by considering the effect of compounding. Annuity payments refers to the regular series of payments that are made by an investor into an investment or deposits made by an account holder with the aim to earn interest rate until the investment in held. Step 2 Computation of future value in excel: By considering all the information provided, we can determine the future value of investment by using the formula "FV" in excel by putting following values: Rate=8%/4 Nper=10 * 4 PMT=-500 PV=0 Туре%-D0 The formula is used as : =FV(8%/4, 10 * 4, –500, 0, 0) =$30, 200. 99 i. e. $30, 201 Therefore, the future value of investment will be $30,201.