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In this part, you needto find the future value of an investment in 3 different ways. Consider the following question: Find the future value (FV)

In this part, you needto find the future value of an investment in 3 different ways. Consider the following question:

Find the future value (FV) of $2,000 invested to earn 10% annuallly 5 years from now.

A. Calculate the FV using time line (Find the FV at each year of the time line)

Time Line 0 1 2 3 4 5

B. Calculate the FV using the FV formula (Apply the FV formula by referencing the cells)

Formula PV I N FV

C. Calculate the FV using the excel function (reference the cells)

Rate Nper PMT PV FV

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