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Compute the future value in year 9 of a $ 2 , 0 0 0 deposit in year 1 , and another $ 1 ,
Compute the future value in year of a $ deposit in year and another $ deposit at the end of year using a percent interest rate. You must use the builtin Excel function to answer this question. All answers should be displayed as positive numbers. Input area: First deposit First deposit years Second deposit Second deposit years Interest rate $ Output area: Future value Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. Nothing in this area will be graded, but it will be submitted with your assignment. Please help me complete this. Need to use excel FV function.
Compute the future value in year of a $ deposit in year and another $ deposit at the end of year using a percent interest rate.
You must use the builtin Excel function to answer this question. All answers should be displayed as positive numbers.
Input area:
First deposit
First deposit years
Second deposit
Second deposit years
Interest rate
$
Output area:
Future value
Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.
Nothing in this area will be graded, but it will be submitted with your assignment.
Please help me complete this. Need to use excel FV function.
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