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Excel Activity: Time value of money The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis

Excel Activity: Time value of 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.

Download spreadsheet Time value of money-db1179.xlsx

a. Find the FV of $1,000 invested to earn 12% after 4 years. Round your answer to the nearest cent.

$ fill in the blank 2

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.

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