Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Future Value Present Value Rate Number of periods Payment NPV for cashflows Time Value of Money Formulas =FV (rate, nper, pmt, [pv]. [type])-PV (rate, nper,

Future Value Present Value Rate Number of periods Payment NPV for cashflows Time Value of Money Formulas =FV (rate, nper, pmt, [pv]. [type])-PV (rate, nper, pmt, [fv], [type]) = RATE (nper, pmt, pv, [fv], [type]) NPER (rate, pmt, pv, [fv], [type]) = PMT (rate, nper, pv, [fv], [type]) = NPV (rate, value 1, [value 2], ...) = The future value of $200 received today and deposited at 8.9% for 25 years is approximately Please enter the Excel formula as your answer. Do NOT put any spaces in your formula and enter the rate as a percentage please. Example: =PMT(3%,8,-500,0)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Healthcare Finance An Introduction To Accounting And Financial Management

Authors: Louis C. Gapenski

2nd Edition

1567931650, 978-1567931655

More Books

Students also viewed these Finance questions

Question

=+a) Create a run chart for the baseballs weights.

Answered: 1 week ago

Question

Supply strategies involving altering (BLANK) so it matches demand

Answered: 1 week ago

Question

Has your organisation defined its purpose, vision and mission?

Answered: 1 week ago