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Excel please ! M311 Quiz ... Math of Finance... Simple and Compound interest (Calculate all of your answers on an Excel Spreadsheet) NAME Write the

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Excel please !

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M311 Quiz ... Math of Finance... Simple and Compound interest (Calculate all of your answers on an Excel Spreadsheet) NAME Write the formula, slbstlttm, simplify. 1). Calculate the simple interest on $1000 at 7.5% for 3 years 6 months. 2). Calculate the future value of $2000 at 6% simple interest for 9 months. 3). Find the rate of simple interest that an investment of $3000 will grow to $3300 in 4 years. 4). Find the present value of $1000 receivable 2 years from now if the rate of simple interest is 8.5%. Is). How many months will It take at 6% simple interest for $2000 to grow to 2400? 6). Find the amount of interest for $3000 In an account paying simple interest of 5% for 2 years. 7). Find the amount of Interest for $3000 In an account paying 5% Interest compounded annually for 2 years. (Comment on this solution compared with your answer for question #6.) - 8). Find I. the rate of Interest per period, if $5000 ls compounded monthly at 3% annual rate (APR). (Write your answer as a 96) 9). Find It, the number of interest periods, If $4000 ls invested for 7 years at 10% interest compounded quarterly. 10). Find the future value of $7000 compounded weeidy at 8% APR for 3 years. (List the values of P, r, t, m, i, n, F.)

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