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Excel Activity: Time value money The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to
Excel Activity: Time value money The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers as positive values. x Download spreadsheet Time value of money-7dbid6.xlsx a. Find the FV of $1,000 invested to earn 12% after 5 years. Round your answer to the nearest cent. $ b. What is the investment's FV at rates of 0%, 4%, and 25% after 0, 1, 2, 3, 4, and 5 years? Round your answers to the nearest cent. Interest Rate Year 096 4% 259. 0 $ $ $ 1 5 $ 2 $ $ $ 3 $ $ $ 4 $ $ $ $ 5 $ Choose the correct graph of future value as a function of time and rate. Note: blue line is for 0%, orange line is for 4%, and grey line is for 25%. The correct graph is 7000 FV as Function of Time and Rate 6000 5000 4000 3000 2000- 10000 7000 FV as Function of Time and Rate 6000 5000 4000 B. Future Value ($ 3000 2000- 1000
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