Copy of S13_wk02

# Copy of S13_wk02 - Question 3 Amount due(future value...

• Notes
• ggghhhn9
• 6

This preview shows pages 1–6. Sign up to view the full content.

Question 3 Using formula Amount due (future value) 100000 Documentation Present value 98866.42 Label Input value (numbers and values are given in the questions period days 90 Label calculation steps Amount of interest Label Final results Rate of simple interest per period Rate of simple interest per annum Using goal seek Amount due (future value) 100000 Rate of simple interest per annum Present value 99023.33 4.00% Input a dummy interest rate, e.g., 4% Then put the formula for Present value inside the prese Now choose Present value cell c11 and use the goal see Choose 'to value' as 98866.42 and 'by changing cell' as

This preview has intentionally blurred sections. Sign up to view the full version.

ent value cell. eker tool in the Data panel under what-if analysis F11
Question 4 Using formula Maturity value (future value) 500000 Interest rate per annum 6.78% Start date 21 August Documentation End date 20 October Label Input value (numbers and values are given in the questions Term to maturity Label calculation steps Price (present value) Label Final results In cell C4 and C5, we have used date formular to find the number of days between 21/8/2010 and 2

This preview has intentionally blurred sections. Sign up to view the full version.

This preview has intentionally blurred sections. Sign up to view the full version.

This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ±he DA±E functon reTurns The sequental serial number ThaT represenTs a partcular daTe. In cell C4 and C5, we jusT inpuT "=daTe(2010,8,21)" and "=daTe(2010,10,20)" To geT The represenTed ±hen in cell C6, we use ="C5-C4" To calculaTe number of days in beTween Two daTes. 20/10/2010. d serial number. Queston 5 Using formula PresenT value 20000 DocumenTaton fuTure value 20480 Label InpuT value (numbers and values are given in The questons InTeresT raTe per annum 5.84% Label calculaton sTeps InTeresT earned Label Final resulTs InTeresT earned per day Number of days Queston 6 Using formula Face value 100 DocumenTaton Bond price (presenT value) 101.943 Label InpuT value (numbers and values are given in The questons period days 65 Label calculaton sTeps InTeresT raTe per annum 6% Label Final resulTs InTeresT paymenT per half year MaTuriTy value (fuTure value) InTeresT earned RaTe of simple inTeresT per period RaTe of simple inTeresT per annum...
View Full Document

• Three '13
• none

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern