Question: Create a new What SUP Present Value Analysis a. Using the ch7-01 file to start your work, modify that worksheet to do the following: i.
Create a new What SUP Present Value Analysis
a. Using the ch7-01 file to start your work, modify that worksheet to do the following:
i. Calculate the annuity payment required at the end of each year for the next 4 years at 4 percent such that the value in 4 years is $95,000 and illustrate the annual value of that investment.
ii. Calculate the future value of an investment of $20,000 invested for 4 years at a rate of 3 percent and illustrate the annual value of that investment.
iii. Calculate the future value of an investment of $8,500 each year for 4 years at a rate of 3 percent and illustrate the annual value of that investment.
iv. Calculate the initial investment required to obtain a future value of $10,500, assuming a rate of 3 percent for 4 years and illustrate the annual value of that investment.
b. Save the file as ch7-01_student_name (replacing student_name with your name).
c. Print the resulting worksheet.
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Year Interest Annuity Investment Future need 9500000 0 000 Term in years 4 1 000 ... View full answer
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