Question: INPUT DATA PV Answers MUST be derived using cell references using a formule OR Excel function. Just typing in your answer derived using your calculator
INPUT DATA PV Answers MUST be derived using cell references using a formule OR Excel function. Just typing in your answer derived using your calculator will NOT result in any points You MUST FORMAT ALL of your interest rates as PERCENTAGES with 2 DECIMALS You MUST FORMAT ALL of your dollar amounts as CURRENCY with 2 DECIMALS. You MUST display all of your answers in the blue shaded cells below. Dotho 500 strate 55.000.00 100 Numeroyan 1 of compounding penas per your payment OF For PMI PV faci For questions 1 - 4 refer to the input data box highlighted in yellow above. You need to adjust your inputs as necessary. (The first question is done for you). 1. What is the future value of a 1 year Certificate of Deposit (CD) and what is the effective annual rato under each of the following scenarios? annual compounding? 5.00% Future Value EFE (55.250 b. semiannual compounding? c. quarterly compounding? d. monthly compounding? c. daily compounding? 2. What is the future value of the CD in 5 years and what is the effective annual rate under each of the following scenarios? Future Value EFE annual compounding? b. semi-annual compounding? courterly compounding? d. monthly compounding? e daily compounding? 2. Assume you want to invest $1000 into your savings account at the END of every year for the next 5 years
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