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Excel File Edit View Insert Format Tools Data Window Help m 100% G2 Mon 10:29 PM % a c O AutoSave OFF A vo Time

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Excel File Edit View Insert Format Tools Data Window Help m 100% G2 Mon 10:29 PM % a c O AutoSave OFF A vo Time Value of Money Il template-2 Home Insert Draw Page Layout Formulas Data Review View Tell me Share Cor H?v M 5 Slicer A. TT Equation v Link Text Timeline New Comment Symbol v Get Add-ins - Xvi PivotTable Recommended Table Data from Pictures Shapes Icons - My Add-ins Recommended SE Maps PivotChart Sparklines Pivot Tables Picture Charts A1 4 x fx You are buying a copier. In each of the situations listed below, would you rather pay $11,000 today or $3,000 a year for five years at 12%? A B D E F | A 1 You are buying a copier. In each of the situations listed below, would you rather pay $11,000 today or $3,000 a year for five years at 12%? 2 3 Pay $3000 for 5 years end of year 4 Pay $3000 for 5 years beginning of year 5 Extra $500 payment end of year 5;end of year payments 6 7 8 9 2 10 11 4 12 13 5 14 15 6 16 8 17 9 18 16 19 11 11 20 1: 21 14 22 14 16 23 11 PV rate Depreciation Bond Valuation Bond Valuation 11 Stock Valuation + FV nper PMT 16 Ready 6 atv N B

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