It seems you yourself could set this into a formula as you already know the values (which is the difficult part of deriving the correct values from questions). Would have also helped if you noted the payment time period... I assumed it's an annual payment...
The notation for these values depicts A(P/A, i%, n) = PV
Now to apply the formula:
PV = A((((1+i)^n)-1)/(i*(1+i)^n)
PV = 295((((1.043)^16)-1)/(.043*(1.043)^16)
PV = $3362.59
In the title it states you want a future value yet in the description you ask for a present value...
Regardless, let's convert the present value to a future value.
FV = 3362.59(1.043^16)
FV = $6595.12
