Questions 2 -6 involve building excel/open office spreadsheets. Please put them all in the same...
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Questions 2 -6 involve building excel/open office spreadsheets. Please put them all in the same excel/oo workbook. 2) Kevin will receive an annuity immediate that pays him SX quarterly for 5 years, starting in 5 years (i.e. first payment in 5.25 years). Build a spreadsheet to compute the following: a) Both the present and accumulated value of an annuity immediate of SX quarterly for 5 years. b) Both the present and accumulated value of an annuity immediate of SX quarterly for 10 yeans. c) Both the present and accumulate value of Kevin's annuity. Find a way for your spreadsheet to show Kevin's annuity is worth 5000 * (as.i - ai) Both the amount X and the interest rate i is arbitrary so your spreadsheet should allow me to input any value of X and i I choose. Make sure your spreadsheet is clear on what interest rate i I shoul inputting (effective annual, nominal compounded quarterly, or quarterly).)
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