Question: We need to answer each A), B), C), D), etc. that is shown in the excel. I am having trouble knowing the calculations for each

 We need to answer each A), B), C), D), etc. thatis shown in the excel. I am having trouble knowing the calculationsfor each question. Excel File Edit View Insert Format Tools Data Window

We need to answer each A), B), C), D), etc. that is shown in the excel. I am having trouble knowing the calculations for each question.

Excel File Edit View Insert Format Tools Data Window Window Help 14%O Fri 1:38 PM a L X HW-invproc-stu-Summer2020 Q Search Sheet Home Insert Page Layout Formulas Data Review View 9+ Share Cut 14! Auto Sum Times New R... 12 A- A+ Wrap Text General X 49 Copy Fill Paste BI U M T A Merge & Center $ %) 4.0 .00 .00 0 Insert Delete Format Format Conditional Format Formatting as Table Cell Styles Clear Sort & Filter B7 fx R s T U y W X 1 21) 3 A St. John's alum wants to set up a scholarship fund to pay $880,000 per year to cover the tuition of 20 students (based on 2019-20 levels of about $44,000 per student). 4 5 6 a) The investment managers hired by St. John's to invest the money believe they can deliver an average annual return of 5%. If the scholarship is designed to last for 10 years and has a zero balance at the end of those 10 years), how much does the donor have to donate now to make the fund work? N I PMT PV FV 8 9 2.5 a) Which of the 5 variables (above) do we need to find here? 10 5 b) Fill in the information for the other 4 variables. N I PMT PV FV 2.5 c) Solve for the amount of the donation. Use the relevant Excel function, or show/explain how you did it, if you used the financial calculator. 12 13 14 15 16 17 18 19 20 5 b) If that 5% is a real rate of return, what is the actual final (10) withdrawal from the scholarship fund, in year 2030 nominal dollars, if tuition rises by an average of 2.75% per year? Show all work, formulas/calculations, and explanations you used to arrive at your answer. Il 21 22 23 24 25 26 27 2) 28 A 40-year old person planning for retirement anticipates the need for his/her retirement assets to generate $70,000 per year once he/she stops working. a) If this person expects to have a "need for earthly currency" for 20 retirement years, how much does his/her retirement assets have to be worth at retirement age, if the portfolio of assets is expected to earn 4.5% per year and he/she expects to leave nothing to heirs? N I PMT PV FV 5

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