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How much will your house be worth if it appreciates at 7% a year, you bought it for 200,000 and you expect to sell it in 5 years? PV Pmt Fv Rate 5 You purchase a car for $25,000 and amortize it over a 5 year period. Your payment is $456 per month. Assume the car is fully amortized at the end of the 5 years. What is your annual rate of interest? PV FV PMT Rate Monthly Rate Annual Rate? You have been saving to start a business and realize you still have to pay the patent lawyers to file for a patent. You haveonly $50,000. A patent costs $75,000. How much longerdo you need to wait to filete patent ifyour money earns 14% compounded annually? PV FV PMT Rate

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Answer #1

4)

Function Arguments 20000 PV 05,04.03) FV pmt 个= 0.07 Rate D6 Nper D5 Pmt D4 Rate 796 PV D3 个 = -200000 Type - number - 280510.3461 Returns the future value of an investment based on periodic, constant payments and a constant interest rate Type s a value representing the timing of payment: payment at the beginning of the period 1; payment at the end of the period 0 or omitted. Formula result S 280,510.35 elp on this functio OK Cancel

Hence, FV is $280,510.35

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