Question
Exercise One: Compute the Future Value of 1,000 USD (U.S. Dollars), 125 years from today, if the interest rate is 8.25%, assuming: (a) simple interest,
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Exercise One: Compute the Future Value of 1,000 USD (U.S. Dollars), 125 years from today, if the interest rate is 8.25%, assuming: (a) simple interest, (b) daily compounding, (c) continuous compounding, (e) verify all your discrete compounding answers by using the FV function as shown in class. can anyone please show me how do this on excel thanks
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
7th Edition
0072866578, 9780072866575
