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SOLVE IN EXCEL. SHOW ALL WORK 5. Your friend has a trust fund that will pay her the following amounts at the given interest rate
SOLVE IN EXCEL. SHOW ALL WORK
5. Your friend has a trust fund that will pay her the following amounts at the given interest rate for the given number of years. Calculate the current (present) value of your friend's trust fund payments. 6. Julio Company is considering the purchase of a new bubble packaging machine. If the machine will provide $15,000 annual savings for 8 years and can be sold for $40,000 at the end of the period, what is the present value of the machine investment at a 7% interest rate with savings realized at year end? 7. How much be invested now to receive $40,000 for 10 years if the first $40,000 is received one year from now and the rate is 10%Step by Step Solution
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