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fx Problem Set 1, Part 1 Format B C D E G H Week 3...

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fx Problem Set 1, Part 1 Format B C D E G H Week 3 Financial Exercises Problem Set 1, Part 1 Complete the following problems using either the financial functions in Excel or the Present Value and Future Value formulas as noted below: PV-F1/(1+i)n FV-PV (1+i) (1) If you wish to have $60,000 in 8 years, how much do you need to deposit in the han today if the account ranca (6) How many years will istake for $136,000 to grow to $468,000 if it is invested in an account with an annual interest rate of 8% Answer: (7) At what interest rate must $112,000 be invested so that it will be worth $392,000 in 14 years? Answer: Wk 3 - Set 1, Part 1 WK 3 - Sat 1 Part 2 WK 3-Set 2. Part 1 WK 3-Sot 2 Part 2 W3S2 Part

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