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I have highlighted the cell in refernece, on how it needs to be solved. where the varibales will be changed, and outputs reciprocate D E
I have highlighted the cell in refernece, on how it needs to be solved. where the varibales will be changed, and outputs reciprocate
D E E F G 2 300 3 300 D9 x vfx =D8*(1+$B$4)^($B$3-1) A B D 1 Future Value of Ordinary Annuity 2 PV 0 3 N 3 4 1 0.045 5 PMT 300 6 7 Time 0 1 8 a) Step-by-step 300 9 FV of each payment $327.61 10 FV 11 12 13 b) Function FV 14 15 16 Future Value of Annuity Due 17 PV 0 18 N 3 191 0.045 20 PMT 300 21 22 Time 0 1 23 a) Step-by-step 300 300 24 FV of each payment 25 FV 26 27 28 b) Function FV (5983.46) 29 30 + 3 2 300 Step by Step Solution
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