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Compute using excel please 1. Find the 10-year FV of a $400 monthly annuity growing at 4% and earning 8%, annually Find the PV of
Compute using excel please
1. Find the 10-year FV of a $400 monthly annuity growing at 4% and earning 8%, annually
- Find the PV of a 15-year $500 (initial) quarterly annuity growing at 2.0% and earning 6.5%.
- Find the first months savings required to realize a FV (in 15 years) of $1,000,000. Assume your monthly savings will grow 3%, annually, and earn 9%. Also, assume that you begin saving today.
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