Need help with the following using excel functions. John has an investment opportunity that...
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Need help with the following using excel functions.
John has an investment opportunity that promises to pay him $18,003 in four years. Suppose the opportunity requires John to invest $14,260 today. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What is the interest rate John would earn on this investment? (Round your final answers to nearest whole dollar amount.) Solve for i Present Value: Future Value: John has an investment opportunity that promises to pay him $18,003 in four years. Suppose the opportunity requires John to invest $14,260 today. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What is the interest rate John would earn on this investment? (Round your final answers to nearest whole dollar amount.) Solve for i Present Value: Future Value
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Need help with the following using excel functions.