Using Excel, Create a new worksheet for each problem. You must construct a timeline for each problem in Excel. The timeline must include a column for the period, a column for the given cash flow and a column for the present value or future value. Each row represents a period. You must solve each problem two different ways. The first is using a formula (for example, PV = FV/(1+r)^t). The second is using the Excel function (for example, =PV(...) Time line needed!!!!

Question: You plan to purchase an annuity investment in 5 years, in which you will contribute $1,000 per year for the next 10 years. How much money will you have at the end of the 10 years if the annuity investment pays you 6.75% per year?

Examples of what needed:

retirement in 13 years if you can earn a rate of return of 5% ? \begin{tabular}{|c|c|c|c|} \hline Future Value & 250,000 & PV=FV/(1+i)t & $132,580.34 \\ \hline Interest Rate & 5% & 132580.34 & \\ \hline eriods & 13 & & \\ \hline \end{tabular} retirement in 13 years if you can earn a rate of return of 5% ? \begin{tabular}{|c|c|c|c|} \hline Future Value & 250,000 & PV=FV/(1+i)t & $132,580.34 \\ \hline Interest Rate & 5% & 132580.34 & \\ \hline eriods & 13 & & \\ \hline \end{tabular}