In: Advanced Math
PLEASE SOLVE IN EXCEL.
Consider a cash flow profile in which $3000 is received at t=1, spent at t=2, and received at t=5, and $3000 is received at t=3. Suppose the interest rate is 3% the first 2 periods, 5% the next two periods and is 7% the 5th period. ( Note: t denotes end of period t.) Create a cashflow and present value table. Find the equivalents for the cash flow profile for the following items. a) Present worth b) Uniform series equivalent c) Geometric Series Equivalent (j = 1% for the entire period) • Show your calculation in detail and explain how the results are obtained.