Question
Please show the work in excel be sure to use appropriate formulas to solve each exercise or problem. A1 If you deposit $12,000 in a
Please show the work in excel be sure to use appropriate formulas to solve each exercise or problem.
A1 If you deposit $12,000 in a bank account that pays 10% interest annually, how much will be in your account after 7 years?
A2. What is the present value of a security that will pay $10,000 in 20 years at an interest rate of 8%?
A3. Find the future value of the following ordinary annuities:
$600 per year for 10 years at 10%
$300 per year for 5 years at 5%
$600 per year for 5 years at 0%
A 4 Find the present value of the following ordinary annuities:
$600 per year for 10 years at 10%
$300 per year for 5 years at 5%
$600 per year for 5 years at 0%
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