I only need answer No need any explanation Please ASAPSoluti
I only need answer. No need any explanation. Please ASAP.
Solution
We have used excel formulas to do the calculations 3) calculation ($18,115.00) PMT(8%,4,60000) Answer: 18115 FV=future value PV= present value PMT= payment 4) ($14,945.00) ROUND(PV(6%,5,,20000),0) Answer 14945 5) ($6,691.13) FV(6%,5,,5000) ($6,083.26) FV(4%,5,,5000) ($608.00) Answer 608 6) ($11,167.90) PV(6%,10,,20000) ($12,278.27) PV(5%,10,,20000) $1,110.00 Answer $1,110.00