Complete the following problem sets in Excel:

5-1FutureValueCompute the future value in year 9 of a $2,000 deposit in year 1 and another $1,500 deposit at the end of year 3 using a 10 percent interest rate.

5-3Future Value of an AnnuityWhat is the future value of a $900 annuity payment over five years if interest rates are 8 percent?

5-5Present ValueCompute the present value of a $2,000 deposit in year 1 and another $1,500 deposit at the end of year 3 if interest rates are 10 percent.

5-7Present Value of an AnnuityWhats the present value of a $900 annuity payment over five years if interest rates are 8 percent?

5-12Present Value of an Annuity DueIf the present value of an ordinary, 6-year annuity is $8,500 and interest rates are 9.5 percent, whats the present value of the same annuity due?

5-15Effective Annual RateA loan is offered with monthly payments and a 10 percent APR. Whats the loans effective annual rate (EAR)?

5-39Loan PaymentsYou wish to buy a $25,000 car. The dealer offers you a 4-year loan with a 9 percent APR. What are the monthly payments? How would the payment differ if you paid interest only? What would the consequences of such a decision be? (Calculate monthly payment only)