Question: Complete the 3 following Finance problems using Excel, upload the excel file if possible, if not explain detailed how to input it into excel, and
Complete the following Finance problems using Excel, upload the excel file if possible, if not explain detailed how to input it into excel, and the answers.
PRESENT VALUE What is the present value of a security that will pay $in years if securities of equal risk pay annually
TIME FOR A LUMP SUM TO DOUBLE If you deposit money today in an account that pays annual interest, how long will it take to double your money?
PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once a year.
a
$per year for years at
b
$per year for years at
c
$per year for years at
d
Rework parts aband c assuming they are annuities due.
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