Zesty

There should be 26 payments right? I did on spreadsheet. If he get paid at end of year, he needs $958,966.15, and 997324.7966 at the beginning.
PV=60000( (11.04^26) / 0.04) = 958966.15 (withdraw at the end)
PV= 60000 + 60000( (11.04^25)/0.04) = 997324.79 (beginning)
Tell me if you think I am wrong. Also I don’t even use the advance function on my calculator. It is too confusing and you have to clear the memory every time. I just punch in the number in the sequence based on the formula. I am really fast with this ^^.