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PV i N FV $400.00 5% 5 $17411.00 6% 30 $35,000.00 10% 20 $26981.75 16% 15

PV

i

N

FV

$400.00

5%

5

$17411.00

6%

30

$35,000.00

10%

20

$26981.75

16%

15

Solutions

Expert Solution

PV i N FV
$                             400.00 5% 5 $          510.51
$                       17,411.00 6% 30 $     99,999.92
$                       35,000.00 10% 20 $    235,462.50
$                       26,981.75 16% 15 $    249,999.97

Excel functions used:

Formula for FV that is future value without excel:

1.

2.

3.

4.

jeff jeffy answered 2 years ago
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