Question: Insturctions: (1) Follow the example spreadsheet we did in class (2) You must use the formulas in the Math section and the Excel function in

Insturctions: (1) Follow the example spreadsheet we did in class (2)

Insturctions: (1) Follow the example spreadsheet we did in class (2) You must use the formulas in the Math section and the Excel function in the Excel Section You expect to recieve the cash flows shown below. (a) If the interest rate is 9%, what is the present value of these cash flows? (b) What is the future value of the cash flows? Problem 1 Interest rate 9% MATH Year PV FV Cash flow 1 $300 2 $600 3 $680 4 $735 5 $750 6 $845 7 $915 SUM Excel: Use the NPV function: Nothing is required in this cell

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