Question
Solve for the information asked. (2 points each) a What is the future value of a $5,000 a year payment for 5 years compunded annualy
Solve for the information asked. (2 points each) a What is the future value of a $5,000 a year payment for 5 years compunded annualy at 3% b What is the present value of a $11,000 perpetuity discounted back to the present a 9% c What are the payments for a loan you have taken out for $50,000 with 4% interest that will be paid off in 20 years? d What is the interest rate for an annuity that you purchase for $35,000 that promises to pay you $5,000 a year for 10 years? e What is the present value of a $4,000 a year for 9 years payment discounted back to the present at 5%.
ANSWER: i need in excel
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