The Excel function is used to answer each question.

=$=$FV(.0725,18,0,27,600)=$(\mathrm{.}0725,18,0,27,600)=$ $97,288.27$97,288\mathrm{.}27$

=$=$PV(.085,3,0,206,500)=$(\mathrm{.}085,3,0,206,500)=$ $161,670.52$161,670\mathrm{.}52$

=$=$FV(.0975/4,4*4,6,300,0,0)=$(\mathrm{.}0975/4,4*4,6,300,0,0)=$ $121,499.84$121,499\mathrm{.}84$

=$=$PV(.065/12,6*12,1,060,0,0)=$(\mathrm{.}065/12,6*12,1,060,0,0)=$ $63,057.97$63,057\mathrm{.}97$

=$=$FV(.045/2,12*2,25,200,0,1)=$(\mathrm{.}045/2,12*2,25,200,0,1)=$ $808,243.88$808,243\mathrm{.}88$

=$=$PV(.05/12,3*12,3,800,0,1)=$(\mathrm{.}05/12,3*12,3,800,0,1)=$ $127,317.96$127,317\mathrm{.}96$Can so