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1) Write a function to calculate the future value of a lump sum called FVmodeling (deposit,t, rf). For your three inputs: 1) Deposit will be
1) Write a function to calculate the future value of a lump sum called FVmodeling (deposit,t, rf). For your three inputs: 1) Deposit will be the PV today, 2) time will be equal to the number of periods, and 3) risk free rate. Write your own future value function. Also, design the program so that PVs and FVs are all positive (since we are only worried about a lump sum). The actual discount rate is based on the following rate schedule: 20 points For initial deposits of less than $100, the rate will be rf +0.4% For initial deposits from $100 up to $1,000, the rte will be rf+ 0.9% For initial deposits from $1,000 up to $10,000, the rate will be rf + 2.7% For initial deposits from $10,000 up to $100,000, the rate will be rf + 3.5% For initial deposits $100,000 and up, the rte will be r1+ 5.1% 2) Write a Sub and call the function you wrote in #1 to write a FV calculator. In other words, you cannot copy and paste the code from Q1. Round to two decimal places and use a message box to return the future value answer to the user. You will need to use three input boxes, one message box, and call the FVmodeling function that you wrote in #1 . 20 points 1) Write a function to calculate the future value of a lump sum called FVmodeling (deposit,t, rf). For your three inputs: 1) Deposit will be the PV today, 2) time will be equal to the number of periods, and 3) risk free rate. Write your own future value function. Also, design the program so that PVs and FVs are all positive (since we are only worried about a lump sum). The actual discount rate is based on the following rate schedule: 20 points For initial deposits of less than $100, the rate will be rf +0.4% For initial deposits from $100 up to $1,000, the rte will be rf+ 0.9% For initial deposits from $1,000 up to $10,000, the rate will be rf + 2.7% For initial deposits from $10,000 up to $100,000, the rate will be rf + 3.5% For initial deposits $100,000 and up, the rte will be r1+ 5.1% 2) Write a Sub and call the function you wrote in #1 to write a FV calculator. In other words, you cannot copy and paste the code from Q1. Round to two decimal places and use a message box to return the future value answer to the user. You will need to use three input boxes, one message box, and call the FVmodeling function that you wrote in #1 . 20 points
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