Question
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.
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