Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer the following with the excel formula used to get the answer: 1. Find the PV of $2500, invested for 5 years if the annual

Answer the following with the excel formula used to get the answer:

1. Find the PV of $2500, invested for 5 years if the annual interest rate is 8%.

2. Find the FV of $600 invested for 10 years if the annual interest rate is 12%.

3. Find the PV of $750 if the money is received after 12 years and the interest is compounded semi-annually.

4. Find R, if you receive $1200 after investing $750 for 4 years.

5. Find N if you receive $5000 after investing $3000 at an annual rate of 2% and the interest is compounded continuously.

6. Find the FV if you invest $60,000 for 15 years, at an annual interest rate of 6% compounded daily.

7. Find the PV if you receive $8000 after 3 years and the annual interest rate is 9% and the interest is compounded bi-weekly.

8. Find the N if you get $1320 after investing $600 at an annual interest rate of 8% compounded quarterly.

9. Find R if you receive $1600 after investing $1200 for 3 years. Assume the interest is compounded continuously.

10. Find the N if you get $9275 after investing $7000 at a semi-annual interest rate of 1.5%.

11. Find the interest rate if the PV is $250; the FV is $375 and the investment is for 5 years.

12. Find the interest rate if you receive $1200 after investing $950 for 7 years at an annual interest rate of 6% compounded bi-weekly.

13. Find the interest rate if you invest $767 for 6 years and get $1200 and the interest rate is compounded continuously.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance Administration

Authors: B. J. Reed, John W. Swain

2nd Edition

0803974051, 978-0803974050

More Books

Students also viewed these Finance questions

Question

define the term outplacement

Answered: 1 week ago

Question

describe the services that an outplacement consultancy may provide.

Answered: 1 week ago