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Titman. Problem 5-33. V7 Project Description: In this problem, you will calculate the future value of an investment. Steps to Perform: Step Instructions Points Possible

Titman. Problem 5-33. V7

Project Description:

In this problem, you will calculate the future value of an investment.

Steps to Perform:

Step

Instructions

Points Possible

1

Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the green cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. Start Excel. Download and open the workbook named: Titman_Problem_5-33_Start.

0

2

In cell E10, by using cell references and the Excel FV function, calculate the future value of the investment after 7 years. Assume that all interest payments are made at the end of the period.

1

3

Save the workbook. Close the workbook and then exit Excel. Submit the workbook as directed.

0

Total Points

1

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