Question

How to use the PV formula in Excel with only FV, Rate, and # of Years given

image.png

0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
How to use the PV formula in Excel with only FV, Rate, and # of Years given
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • FV n PV a. Use the interest rate formula, r= b. Use the TVM keys from...

    FV n PV a. Use the interest rate formula, r= b. Use the TVM keys from a calculator c. Use the TVM function in a spreadsheet. Present Value S 515.24 $16,468.68 $34,052.79 $27,251.87 Present Value S 515.24 Future Value S 1,833.37 $223,109.85 S 62,433.01 $222,770.68 Future Value S 1,833.37 Number of Perods 18 40 Interest Rate 12 Number of Periods 18 □% (Round to two decimal places.)

  • Excel formula please =FV(, , , , )

    Excel formula please =FV(, , , , )

  • Use Excel (PV, FV, or PMT) Let's say you are planning to purchase a house as...

    Use Excel (PV, FV, or PMT) Let's say you are planning to purchase a house as soon as your student loans are paid off in 8 years. After graduation, you plan to live in an apartment for $820 a month and your dream is to buy a home worth $240,000 in 8 years. Once your debt is paid off, you will combine your apartment payment with your former debt payment to pay for the mortgage. That does not mean it...

  • We use the formula PV = FV (1/1+R)^N to calculate Present Value. The formula is used...

    We use the formula PV = FV (1/1+R)^N to calculate Present Value. The formula is used to figure out how much a future sum is worth today, given that there is always a discount rate. In class, we imagined a $20 million lottery win, in which the Lottery officials make the following offer: either take $1 million per year for 20 years, or accept the Present Value using a discount rate of 5%. There is a factor that is NOT...

  • Use Excel. (PV, FV, or PMT) 3) Ryan Knight, age 21, saves X amount at the...

    Use Excel. (PV, FV, or PMT) 3) Ryan Knight, age 21, saves X amount at the end of each year for the next 34 years as a part of his retirement plan that pays 9% annual interest. Once the 34 deposits are made, Ryan lets his account accumulate interest but waits to withdraw until he retires. Ryan retires when he is 65 and decides to withdraw equal amounts of $145,000 (lives a lavish life) for the next 17 years, at...

  • Use Excel.. (PV, FV, or PMT) The table below represents the annual earnings from Tina's Trading...

    Use Excel.. (PV, FV, or PMT) The table below represents the annual earnings from Tina's Trading Company, a mid-size manufacturing company. Annual earnings are reinvested into an account which earn 9.7% interest annually. What is the company's retained earnings account at the end of the last period? Net CF FV Year 2012 2013 2014 2015 2016 2017 2018 $ $ $ $ $ $ $ Income Expense 350,000.00 $ 155,000.00 413,678.00 $ 118,745.00 202,341.00 $ 121,713.63 213,469.76 $ 124,756.47 225,210.59...

  • use excel, do it like this PV= FV= PMT= N= I/Y= IN= 1. A Real Estate...

    use excel, do it like this PV= FV= PMT= N= I/Y= IN= 1. A Real Estate Investor is considering the purchase of an apartment building. The investor estimates the current value at $400,000. If the market price appreciates at 8 percent annually what will be the price of the unit at the end of 5 years? 2. Suppose you were selling your home. A buyer has offered to pay you $115,000 now and another $85,000 in 2 years. What is...

  • What is the FV formula used in excel ? also explain the formula as well .

    What is the FV formula used in excel ? also explain the formula as well .

  • USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!! A company asked...

    USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!!USE ONLY EXCEL!! A company asked one of their analysis team to analyze and create models that help decide whether they should manufacture a particular product or outsource its production. The different components are given below: Fixed Cost, FC = $25,000 Material Cost per Unit, MC = $2.15 Labor Cost per Unit, LC = $2.00 Outsourcing Cost per Unit, O = $4.50 Note that per-unit material and labor cost together...

  • EXCEL SOLUTION NEEDED: EXCEL FORMULA ONLY PLEASE The internal rate of return (IRR) is the rate...

    EXCEL SOLUTION NEEDED: EXCEL FORMULA ONLY PLEASE The internal rate of return (IRR) is the rate of return for a series of cash flows that results in a zero NPV. Excel's IRR function easily computes the IRR for a series of cash flows. What is the IRR for the project with the following cash flows? t Cash flow 0 $              (30,000) 1                     8,000 2                   10,000 3                   11,000 4                   17,000 5                   12,000 IRR:

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT