For the following five spreadsheet functions, (a) Write the values of the engineering economy symbols P, F,
Question:
For the following five spreadsheet functions,
(a) Write the values of the engineering economy symbols P, F, A, i, and n, using a ? for the symbol that is to be determined, and
(b) State whether the displayed answer will have a positive sign, a negative sign, or it can’t be determined from the entries.
(1) = FV(8%, 10, 3000, 8000)
(2) = PMT(12%, 20, –16000)
(3) = PV(9%, 15, 1000,600)
(4) = NPER(10%, –290,, 12000)
(5) = FV(5%, 5, 500, –2000)
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