Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MAT 3 3 3 0 - Present and Accumulated Value of Annuities This excel assignment illustrates the present value and the accumulated value of annuities

MAT 3330- Present and Accumulated Value of Annuities
This excel assignment illustrates the present value and the accumulated value of annuities - both immediate and
due.
Identify and keep four important inputs at the top of the page. We want the ability to change any of these
inputs and have the spreadsheet adjust accordingly. The four inputs are rate of interest, payment amount,
number of payments and immediate/due. Put these in the upper left hand corner of your sheet and ideally
color the cells yellow identifying that these are inputs, not calculated cells.
Starting in cell A10, enter the following column headings.
Cell A10= Time t
Cell B10= Payment Amount
Cell C10= Present Value Factor
Cell D10= Present Value of Payment
Cell E10= Accumulated Value Factor
Cell F10= Accumulated Value of Payment
In column A, start time at 0 in row 11 and have it increase by 1 in each subsequent row ending with 200 in
row 211.
Column B shows the payments in the annuity. The spreadsheet needs to interpret three of the four input
items. The three items are i) the payment amount, ii) the number of payments and iii) whether payments
are IMMEDIATE or DUE. Cell B11(associated with time t=0) should contain the input value for
payment amount in the upper left hand corner of the spreadsheet IF the annuity type is set to DUE,
otherwise cell B11 should be zero. Likewise, payments should end at time t= payment number if the
payment type is set to IMMEDIATE and should end at time t=(payment number -1) if payment type is
DUE. The formula will use the IF function in a nested fashion. The formula will look something like: = IF
( annuity type = DUE, IF (time number of payments -1
I need to know what this would be in excel please
image text in transcribed

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_2

Step: 3

blur-text-image_3

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

Financial Ratio Analysis

Authors: Andrew P.C.

1st Edition

1973493381, 978-1973493389

More Books

Students also viewed these Finance questions

Question

Describe the Pre-Package Limitation and provide 3 examples of use.

Answered: 1 week ago

Question

differentiate the function ( x + 1 ) / ( x ^ 3 + x - 6 )

Answered: 1 week ago