Question: Please help me to do with excel. In order to get full credit, solutions must be clear and in detail. If you solve the questions

Please help me to do with excel.

In order to get full credit, solutions must be clear and in detail. If you solve the questions using a financial calculator, you should show all the steps on the calculator such as PMT= 600, I=10, FV=0, PV=?. If you prefer to use Excel, you should show the functions. For manual calculations, you should show the formula with plugged numbers.

Question.

1)The present value of $1,000 to be received in 7 years is ______if the discount rate is 10.78%

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