Question: Use Excel function to solve your assignment. You need to submit 1) a well-organized excel sheet that contains inputs and outputs. 2) a hardcopy of
Use Excel function to solve your assignment. You need to submit 1) a well-organized excel sheet that contains inputs and outputs. 2) a hardcopy of a WinWord document contains inputs and outputs. The assignment Due on Monday 10th of October. For example. I solved below for the FV of 1000 invested at 0.05 for 3 years. I copied inputs and outputs from excel sheet. Haitham invested $6.200 in an account that pays 5 percent simple interest. How much money will he have at the end of ten years? You own a classic automobile that is currently valued at $147.900. If the value increases by 6.5 percent annually, how much will the automobile be worth ten years from now? You are depositing S 1, 500 in a retirement account today and expect to earn an average return of 7.5 percent on this money. How much additional income will you earn if you leave the money invested for 45 years instead of just 40 years? Your father invested a lump sum 26 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which totaled $51.480.79. How much did your father originally invest? What is the present value of S 150.000 to be received 8 years from today if the discount rate is 11 percent
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
