Need help putting this into Excel, and to also see if I did the formulas correct.

Cash Flow Problem Sets 5-1 Future Value Compute the future value in year 9 of a $2,000 deposit in year 1 and another $1,500 deposit at the end of year 3 using a 10 percent interest rate. (LG5-1) FV = $2000(1 + 0.10)^9 + $1500(1 + .10)^3 FV =$ 4715.89 + $1996.5 FV = $6712.39 5-3 Future Value of an Annuity What is the future value of a $900 annuity payment over five years if interest rates are 8 percent? (LG5-2) FVA = 900(1 + .08)^5 - 1) .08 FVA = 900(1.5868) x 469.44 .08 FVA = $4224.96 5-5 Present Value Compute the present value of a $2,000 deposit in year 1 and another $1,500 deposit at the end of year 3 if interest rates are 10 percent. (LG5-3) PV = 2000 (1 + .10)^1 + 1500 (1 + .10)^3 PV = 1818.18 + 1126.97 PV = $2,945.15 5-7 Present Value of an Annuity What's the present value of a $900 annuity payment over five years if interest rates are 8 percent? (LG5-4) PVA= $900 x [1-1/(1+0.08)^5] 0.08 PVA = $900 x 3.9927 PVA = $3,593.43 5-12 Present Value of an Annuity Due If the present value of an ordinary, 6-year annuity is $8,500 and interest rates are 9.5 percent, what's the present value of the same annuity due? (LG5-6) Page 124 PVA due = 8500(1 + 0.095) PVA due = $9,307.50 5-15 Effective Annual Rate A loan is offered with monthly payments and a 10 percent APR. What's the loan's effective annual rate (EAR)? (LG5-7) EAR = (1 + 0.10)^12 - 1 12 EAR = 0.1047 CASH FLOW PROBLEM SETS 2 EAR = 10.47% 5-39 Loan Payments You wish to buy a $25,000 car. The dealer offers you a 4-year loan with a 9 percent APR. What are the monthly payments? (LG5-9) (Calculate monthly payment only) PMT = $25,000 x {(0.09/12)/[1-1/(1+0.09/12)^48} PMT = $25,000 x 0.0248851 PMT = $622.13