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Please help with setting up each problem with the correct numbers in each white cell & the final answer in the green cell. Thanks so
Please help with setting up each problem with the correct numbers in each white cell & the final answer in the green cell. Thanks so much in advance!! :)
I/y= period interest rate
p/y= # of periods per year
pmt= payment per period
Round interest rate, present value, payment amount and future value to 4 decimo 1. To what amounts will the following investments accumulate? a. $5,000 invested for 10 years at 10 percent compounded annually. Quarterly. b. $8,000 invested for 7 years at 8 percent compounded annually. Semi-annually. c. $775 invested for 12 years at 12 percent compounded annually. Monthly. d. $21,000 invested for 5 years at 5 percent compounded annually. Monthly. Chapter 5 Time Value of Money Problem Set B Your Name P/Y Problem # 1a 1b 1c 1d Annually Quarterly Annually Semi-Annually Annually Monthly Annually Monthly N I/Y PV PMT FV
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