B D E H J 1 2 3 4 Name: Date: Instructor: Course: Intermediate Accounting, 15" Edition by Kleso, Weygandt, and Warfield Primer on Using Excel in Accounting by Rex A Schildhouse P6-2 (Various Time Value Situations) Using the appropriate interest table or Excel formula, provide the solution to each of the following four questions by computing the unknowns. (a) What is the amount of the payments that Ned Winslow must make at the end of each of years to accumulate a fund of $90,000 by the end of the eighth year. If the fund earns 8% interest, compounded annually? 8 Text Title Formula 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 (b) Diane Ross has $20,000 to invest today at How many years will it take her to accumulate enough to liquidate the debt? 9% to pay a debt of $47,347 Formula Text Title (c) Cindy Houston has a $27,600 debt that she wishes to repay in today, she has $19,553 that she intends to invest for the 4 will she need to earn annually in order to accumulate enough to pay the debt? 4 years from years. What rate of interest Text Title Formula