FIN/419 week 2 math lab, algebra homework help

Jan 27th, 2017
KateS
Category:
Art Design
Price: $10 USD

Question description

5 questions

Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UC Berkeley
PREMIUM TUTOR

Please check the attached Excel file for the answers. There are 5 worksheets in all, one for each problem.

Present
value
PV
$ 269,00
$ 15.189,00
$ 37.961,00
$ 25.455,00

Interest Number
rate
of periods
r
n
4%
4
7,50%
32
11%
21
17,50%
16

Future value
FV
$
314,69
$ 153.673,87
$ 339.719,28
$ 336.030,71

I used the FV = PV *(1+r)^n formula

Present value
$1.000
Interest rate
6%
Period
5 years
Future value = Present value *(1+Interest rate)^period
Future value=
$ 1.338,23

Future value
FV
$
624,00
$ 74.369,00
$ 348.375,00
$ 25.546,45

Interest Number
Rate
of periods
r
n
5%
4
8%
38
...

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