Question
For the question choose the correct Excel formula and fill in the table. You will receive $800 every year for 10 years, with the first
For the question choose the correct Excel formula and fill in the table.
You will receive $800 every year for 10 years, with the first payment coming in one year. If you can earn 12% per year, how much will you have in 10 years?
What Excel formula should you use to find the answer? Underline the correct Excel formula:
FV PV PMT RATE
Fill in the table with the correct values:
| NPER |
|
| RATE |
|
| PMT |
|
| TYPE |
|
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
