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Need explanation/solution as if you are not using excel. Chapter 4 Question 15 Input area: Output area: Interest rate Present value 1,680,000 Years 3 Future
Need explanation/solution as if you are not using excel.
Chapter 4 Question 15 Input area: Output area: Interest rate Present value 1,680,000 Years 3 Future value $ 1,100,000 $ Chapter 4 Question 13 Input area: Output area: Interest rate Present value $ 150 Years 123 Future value 2,160,000 $ Present value Interest rate Future value Years 30 ! Chapter 4 Question 11 Output area: Input area: Present value Years Interest rate FUTA vana 3 Question 15 Present Value $1,680,000 Years Interest Rate -13.17% Future Value $1,100,000 3 4 5 6 7 Question 13 8 Present Value $150 Years Interest Rate 8.10% Future Value $2,160,000 9 123 10 11 Present Value $2,160,000 Years Interest Rate Future Value 8.10% $22,319,707.83 12 30 13 14 Question 11 Present Value $1,519.27 15 16 Years Interest Rate 8.45% Future Value $1,000,000 80 B D A 1 2 3 Question 15 Years Future Value Present Value 1680000 Interest Rate =RATE(D5,-C5,F5) 1100000 NOUA 5 6 7 Question 13 Present Value Years Future Value 8 9 10 Interest Rate =RATE(D9-C9,79) 150 123 2160000 Present Value Years Interest Rate -E9 Future Value =FV(E12,D12,,-C12) =F9 30 11 12 13 14 Question 11 Years Future Value 15 16 17 Present Value --PV(E16,D16,,F16) Interest Rate 0.0845 80 1000000
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