The Excel function is used to answer each question. = = FV ( . 0 7 2
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The Excel function is used to answer each question.
=FV(.0725,18,0,27,600)= $97,288.27
=PV(.085,3,0,206,500)= $161,670.52
=FV(.0975/4,4*4,6,300,0,0)= $121,499.84
=PV(.065/12,6*12,1,060,0,0)= $63,057.97
=FV(.045/2,12*2,25,200,0,1)= $808,243.88
=PV(.05/12,3*12,3,800,0,1)= $127,317.96Can so
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