Question: ( 3 pts . ) Use the present value PV spreadsheet formula to calculate the deposit needed for each of the following investments. Show your

(3

pts

.)

Use the present value PV spreadsheet formula to calculate the deposit needed for each of the following investments. Show your work by writing down what you typed into the spreadsheet.

) 4 %

APR compounded yearly,

12

years, future value $

6000

) 3.5 %

APR compounded semi

-

annually,

5

years, future value $

2000

(3 pts.) Use the present value PV spreadsheet formula to calculate

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