Question: please use exel and fill in the missing items from the first picture regarding the two questions :) below (second picture) thank you. begin{tabular}{cc|c|c|c|c|c} PresentValue(PV)

\begin{tabular}{cc|c|c|c|c|c} PresentValue(PV) & Payment(PMT) & FutureValue(FV) & AnnualRate(I) & Periods(N) & g(W/M/Qtr/Annual) & Mode(End/Begin) \\ \hline \end{tabular} 11. Calculate the present value of an ordinary annuity of $4,000 received annually for 5 years, assuming a discount rate of 10%. 12. Calculate the number of months it will take $50,000 to grow to $5,000,000 assuming an annual interest rate of 9%, compounded monthly
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
