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i tried pv=fv/(1+r)^n bug it didnt work!!? Saved Help Save & Exit Calculating present values - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA

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Saved Help Save & Exit Calculating present values - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sic Ariel - 12 A A 96 25 Paste B TV - Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles Clipboard Font D13 > f AB D G H 1 J K 2 Imprudential, Inc., has an unfunded pension liability of $475 million that must be paid in 20 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 6.1 percent, what is the present value of this liability? 4 5 $ 6 7 8 9 Future value Years Interest rate 475,000,000 20 6.1% 10 11 Complete the following analysis. Do not hard code values in your calculations. Your answer should be a positive value. 12 Present value 14 15 16 17 Sheet1 + READY Attempts) 100 2 Calculating future values - Excel FORMULAS DATA REVIEW + INSERT HOME PAGE LAYOUT VIEW Sign In 12 AA Paste BIU- Alignment Number Cells Editing Conditional Format as Cel Formatting Table Styles . Styles Clipboard Font D16 fo B D E F G H 1 J You have just made your first $5,000 contribution to your retirement account. Assuming you eam a return of 10 percent per year and make no additional contributions, what will your account be worth when you retire in 45 years? What if you wait 10 years before contributing? 5,000 10% Contribution amount $ Rate of return Years remaining: Deposit today Walt 10 years 45 35 Complete the following analysis. Do not hard code values in your calculations. Your answer should be a positive value. Future value: Deposit today Wait 10 years 9 0 Sheet1 READY Attempts) 3/3 100%

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