Differentiate between Simple Interest and Compound Interest What is Compounding and What is Discounting For all questions below, write the complete formula used and then the values used for computing the answer Annual Interest Rate for all questions is 13 Compute the Future Value of deposit for seven years What is Compounding and What is Discounting For all questions below, write the complete formula used and then the values used for computing the answer Annual Interest Rate for all questions is 13 Mr Ahmer makes a deposit of Rs 22,000 at the end of each year for 10 years What would be Future Value these payments What would be the Present Value of the payments made by Mr Ahmer I wish to get a lump sum amount of Rs 5,000,000 at the end of 10 years Calculate the monthly payments that I am required to make Excel Assignment Create an Amortization Table for paying back for a Car loan of Rs 26,00,000, the time period should be flexible i e you should be able to enter a value for number of years in a cell Re do Questions 5, 6 and 7 in Excel using Excel functions based on Annuities (pmt in Excel) For Q3 and Q4, compute PV and FV for the payments made at different timings

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Question: Differentiate between Simple Interest and Compound Interest. What is Compounding and What is Discounting? For all questions below, write the complete formula used and then

Differentiate between Simple Interest and Compound Interest.
What is Compounding and What is Discounting?

For all questions below, write the complete formula used and then the values used for computing the answer. Annual Interest Rate for all questions is 13%.

Compute the Future Value of deposit for seven years.
What is Compounding and What is Discounting?

For all questions below, write the complete formula used and then the values used for computing the answer. Annual Interest Rate for all questions is 13%.

.
Mr. Ahmer makes a deposit of Rs.22,000 at the end of each year for 10 years. What would be Future Value these payments?
What would be the Present Value of the payments made by Mr. Ahmer?
I wish to get a lump sum amount of Rs. 5,000,000 at the end of 10 years. Calculate the monthly payments that I am required to make.

Excel Assignment

Create an Amortization Table for paying back for a Car loan of Rs. 26,00,000, the time period should be flexible i.e. you should be able to enter a value for number of years in a cell.
Re-do Questions 5, 6 and 7 in Excel using Excel functions based on Annuities (pmt in Excel). For Q3 and Q4, compute PV and FV for the payments made at different timings.

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