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The future value of an annuity payment can be calculated in Excel using the function FV . Suppose that you want to calculate the possible

The future value of an annuity payment can be calculated in Excel using the function FV. Suppose that you want to calculate the possible future values of an annuity that will have 30 payment periods, but in addition you want to perform what-if analysis for the payment amount and interest rate. Use Excel to create a Two-Way Data Table to see the effects of varying interest rates from 5.0% to 11.5% in increments of 0.5%(i.e.,5.0,5.5%,6.0%,6.5%, etc.) as well as payment amounts between $3500 and $8500 in increments of $500(i.e., $3500, $4000, $4500, etc.). What is the future value of an annuity with payment of $7500 and interest rate of 9.5%?
in excel

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