Question: present value ( P V ) = , $ 9 0 3 . 0 0 2 future value ( F V ) = , $

present value (PV)=,$903.00
2 future value (FV)=,$1,541.59
3 number of periods =,13
4 interest rate per period =,4.2%
In the following excercises, always reference the values in cells B1:B4, never hardcode them in your formula
(1) use the equation PV=C0=Ct(1+r)t to calculate the PV based on the other three numbers given.
(2) re-calculate the PV using the PV excel function.
Enter your function here
Format as Currency with 2 decimal places
(3) use equation FV=Ct=C0(1+r)t to calculate the FV based on the other three numbers given.
Enter your function here
Format as Currency' with 2 decimal places
(4) re-calculate the FV using the FV excel' function.
D18
Enter your function here
Format as Currency with 2 decimal places
(5) calculate the number of periods using the NPER excel function.
Enter your function here
Format as Number with 1 decimal place
(6) calculate the interest rate using the RATE excel function.
Enter your function here
Format as Percentage with 1 decimal place
Sheet1
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 present value (PV)=,$903.00 2 future value (FV)=,$1,541.59 3 number of periods

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