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Detailed Instructions: Create an Excel file called Lab02_Lastname_Firstname.xlsx. Name the worksheet: Financial ysis Create a table which determines the future value of an investment by
Detailed Instructions: Create an Excel file called Lab02_Lastname_Firstname.xlsx. Name the worksheet: Financial ysis Create a table which determines the future value of an investment by comparing different interest rates and years of investment. To simplify your analysis, you will use a simple annually compounded formulation which considers the principal investment (P), interest rate (i), and the number of periods (n) over which the interest is compounded Future Value: FP(1 + i)" In the upper left hand corner of the first worksheet provide a description of the sheet Set up a gray shaded cell for input of principal Create a well formatted Future Value table that will compare different interest rates versus years of investment. To do so, use the Fill feature to generate a column of Years of Investment ranging from 0 to 60 in 10 year increments. Then, generate a row of interest rate values ranging from 0.5% to 6%, in 0.5% increments. with each interest rate in a different column. The headings should be center-justified, in bold font. You may need to use the Wrap Text option for the Years of Investment heading. Also, use the Merge Cells option to center a table title appropriately Fill the values of the different cells in the table, carefully using relative, absolute, and mixed cell referencing techniques Above the upper right corner of the table, use the Equation Editor to include the equation for calculating future amount Effectively format your sheet by appropriately using percentage and dollar formats, bold fonts, font sizes and borders
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