Question: Hello I need help knowing the exact inputs in the fv forulma on excel, I know how to hard code but am new to execel

Hello I need help knowing the exact inputs in the fv forulma on excel, I know how to hard code but am new to execel so i dont know how format propely because as you can see for the first box I still dont have to correct answer, please help me out with the excel formating because once I know the exact placements I can easliy do the assignent. =fv() is what i want to know in excel, where to plsce the exact "/" and (*) i asked this wuedtion yesterday hopeful you understand what im asking Hello I need help knowing the exact inputs in the fv forulma

HU Paste ov a. Av lili 1001 Merge & Center $ % G9 fic =FV(D9/E9,79*E9, E9,09) B D E H P5-5M (please use the figures in the table below as they are revised from those in the textbook) 1 2 3 4 5 5 Calculate the amount of money that will be in each of the following accounts at the end of the given deposit period: Hint: see textbook pages 135-138 for dealing with non-annual compounding periods FV Solution -$9,484.65 Amount Account Holder Deposited (PV) Logan $4,000 Coles $68.000 Elliot $41,000 Robinson $139,000 Chung $46,000 Cravens $13,000 Compounding Compounding Annual interest Periods per year Periods - Years rate (m) (n) 9% 1 10 7% 6 12% 4 2 5% 12 12 7.5% 3 20 3% 2 5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!