Question: ULL (45 points; 9 questions at 5 points each) 3. (0-5pts) Write an Excel formula in cell H6 to determine the value today of $1000


ULL (45 points; 9 questions at 5 points each) 3. (0-5pts) Write an Excel formula in cell H6 to determine the value today of $1000 invested 2 years ago at 12% per year compounded quarterly. (Hint: Use the FV() function here.) =FVC 4. (0-5pts) Write an Excel formula in cell C7 to determine the monthly car payment that will be required to take a $10,000 loan over 4 years. The rate of loan is 15% compounded monthly. (Hint: Use the PMT() function here.) =PMT( 0)
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