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a. Find the FV of $1,000 invested to earn 10% annually 5 years from now. Answer this question by using a math formula and also

a. Find the FV of $1,000 invested to earn 10% annually 5 years from now. Answer this question by using a math formula and also by using the Excel function, fx. Inputs 4 5 6 7 8 9 10 11 12 Outputs 13 Use Formula: FV = PV(1+1)^N = 14 Use Excel FV Function: 15 PV = I/YR = N = PMT=
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a. Find the FV of $1,000 invested to earn 10% annually 5 years from now. Answer this question by using a math formula and also by using the Excel function, fx

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