It is the end of 2020. You plan to complete a Ph.D. in 5 years. Your favorite uncle has promised to help you with your school expenses by giving you the following amounts for Christmas:

Year	2021	2022	2023	2024	2025
Cash flow	1,100	1,600	1,800	2,000	2,200

Your uncle is fairly wealthy and very reliable. You currently have $10,000 in a savings account paying an annual interest rate of 6%.

FIND THE FOLLOWING:

Intro It is the end of 2020. You plan to complete a Ph.D. in 5 years. Your favorite uncle has promised to help you with your school expenses by giving you the following amounts for Christmas: Year 2021 2022 2023 2024 2025 Cash flow 1,100 1,600 1,800 2,000 2,200 Your uncle is fairly wealthy and very reliable. You currently have $10,000 in a savings account paying an annual interest rate of 6%. Part 1 B Attempt 2/6 for 8 pts. Create an Excel spreadsheet showing the years and cash flows as in the table above, then add a row that shows the number of years from now and another row that shows the present value of each cash flow. What is the sum of present values? Hint: do not hardcode the discount rate into your formulas. Instead, keep it in a separate cell and refer back to it. You'll be asked to change in discount rate in parts 5 to 8. 7201 Correct Part 2 18 | Attempt 6/6 for 8 pts. You also want to know how much each gift will be worth in 2025 if you save it. Add another row to your spreadsheet and calculate the value of each cash flow in 2025. What is the sum of all future values? Previous answers: 4500; 23597; 0+ decimals 13382.26; 10215.04; 6% Submit Part 3 Attempt 2/6 for 8 pts. What is the present value of the sum of future values calculated in the previous part? 17633 Try again Try again See solution (-5 pts.) Part 4 IB Attempt 1/6 for 8 pts. Now assume that the interest rate is 4%. What is the present value of all the gifts? 0+ decimals Submit Part 5 | Attempt 1/6 for 8 pts. Still assume that the interest rate is 4%. What is the future value of all the gifts? 0+ decimals Submit Part 6 18 Attempt 1/6 for 8 pts. Now assume that the interest rate is 10%. What is the present value of all the gifts? 0+ decimals Submit Part 7 18 Attempt 1/6 for 8 pts. Still assume that the interest rate is 10%. What is the future value of all the gifts? 11350 Try again Try again See solution (-5 pts.)