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Using Excel Create a new worksheet for each problem. You must construct a timeline for each problem in Excel. The timeline must include a column
Using Excel Create a new worksheet for each problem. You must construct a timeline for each problem in Excel. The timeline must include a column for the period, a column for the given cash flow and a column for the present value or future value. Each row represents a period. You must solve each problem two different ways. The first is using a formula (for example, PV = FV/(1+r)^t). The second is using the Excel function (for example, =PV(...). Time line needed please!
\begin{tabular}{|c|c|c|c|} \hline Future Value & 250,000 & PV=FV/(1+i)t & $132,580.34 \\ \hline Interest Rate & 5% & 132580.34 & \\ \hline Number of Periods & 13 & & \\ \hline \end{tabular} Question: How much money must you invest today in order to have $250,000 at retirement in 13 years if you can earn a rate of return of 5%?
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