53 54 55 d. Find the PV of $1,000 due in 5 years if the discount rate is 10% per year. Again, work the problem with a 56 formula and also by using the function wizard. 57 58 Inputs 59 60 61 62 Outputs 63 Formula: PV = FV/(1+1)^N = 64 Use Excel PV Function: FV = I/YR = N = PMT=

d. Find the PV of $1,000 due in 5 years if the discount rate is 10% per year. Again, work the problem with a