A B D E F G H EXCEL PROBLEM 3 Future Value 1 2 Computing FV of John's IRA Contributions in Year 40 3 4 Complete Calculations in Yellow. 1) Calculate the number of compounding periods until Year 40. 2) Calculate the future value of each IRA deposit. 3) Calculate the Total Deposits and the Total Future Value in Year 40. 5 6 7 INPUT 8 Rate 7.5% 9 Number of compounding John's IRA Deposits 10 periods Future Value FV 11 Year 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 TOTALS 54 55 NPER 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 CF $0.00 ($5,000.00) ($4,500.00) ($5,000.00) ($5,500.00) ($5,000.00) ($4,000.00) ($4,400.00) ($5,000.00) ($4,950.00) ($4,800.00) ($5,000.00) ($4,000.00) ($4,100.00) ($5,000.00) ($4,300.00) ($4,000.00) ($5,000.00) ($5,500.00) ($6,000.00) ($5,900.00) ($6,000.00) ($5,800.00) ($5,500.00) ($6,000.00) ($5,100.00) ($5,950.00) ($6,000.00) ($5,800.00) ($5,950.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) ($7,000.00) $0.00 I J K L