The purpose of this assignment is to allow the students to understand and practice the measurement of present value, future value, and interest rate using Microsoft Excel.

Assignment Steps

Resources: Microsoft Office 2013 Accessibility Tutorials, Microsoft Excel, Time Value of Money Calculations Template

Calculate the following time value of money problems using Microsoft Excel:

If we place $8,592.00 in a savings account paying 7.5 percent interest compounded annually, how much will our account accrue to in 9.5 years?

Please put answer on the provided excel template. Thanks. SET PRICE $5