Second Financial Template- Clarissa - Financial...

Financial ToolBoxes
(Gray-shaded boxes are the outputs based on the given inputs above them. Do not type in the shaded boxes.)
APR 4.00% APR 18.00% APR 8.00%
Compounding Periods 12 Compounding Periods 12 Compounding Periods 4
Present Value 150000.00 Present Value 1200.00 Payment -25
Payment -716.12 Payment -24 Present Value -250.00
Years 15 Future Value 0 Years 45
Future Value: ($96,814.92) Years: 7.8 Investment Interest: $46,981.25
APR 4.00% APR 4.00% APR 9.00%
Compounding Periods
12
Compounding Periods 12 Compounding Periods 12
Present Value 250000 Future Value 0.00 Original # of Payments 360
Future Value 0 Payment -1000.00 Present Value 60000.00
Years 30 Years 30 Years 30
Payment: ($1,193.54) Present Value: $209,461.24 Debt Interest: ($113,798.49)
APR 3.25% APY 3.29%
Compounding Periods 4 Compounding Periods 4
Effective Yield (APY): 3.29% Nominal Yield (APR): 3.25%
So that you can see all of the formulas of the gray boxes at once, they are listed here for your convenience:
Future Value:
Years:
Savings Interest:
Payment:
Present Value: =PV(F13/F14,F17*F14,F16,F15)
Debt Interest:
Effective Yield: =(1+C21/C22)^C22-1
Nominal Yield:
Why the Negative? (Rules of Thumb):
1. Notice that present value and future value are always opposite in sign.
2. Use the "Inflow-Outflow" way of thinking: Inflow is money "coming in the door" and outflow is money "going out".
3. If all else fails, try changing the sign of any of the inputs to see how it affects the result and act accordingly.
4. Don't get "burned" by the negative or lack of a negative. In other words, always keep it in the back of your mind.
Note: The formulas in the gray boxes above are cell-protected. The word 'byui' is the password if you wish to turn off the protection. Also, understanding
the role that the negative plays is crucial. You may want to scroll several rows down below to read more about it.
=FV(C5/C6,C6*C9,C8,C7)
=(NPER(F5/F6,F8,F7,F9))/F6
=FV(I13/I14,I17*I14,I15,I16)+I15*I14*I17+I16
=PMT(C13/C14,C17*C14,C15,C16)
=CUMIPMT(I13/I14,I15,I16,1,I17*I14,0)
=F22*((1+F21)^(1/F22)-1)

My Personal Annuity Worksheet
Given: Principal 1000
Compounds 12
APR 7.00%
Payment 50
Months Principal Interest Payment Total
1 1000.00 5.83 50.00 1055.83
2 1055.83 6.16 50.00 1111.99
3 1111.99 6.49 50.00 1168.48
4 1168.48 6.82 50.00 1225.30
5 1225.30 7.15 50.00 1282.44
6 1282.44 7.48 50.00 1339.92
7 1339.92 7.82 50.00 1397.74
8 1397.74 8.15 50.00 1455.89
9 1455.89 8.49 50.00 1514.39
10 1514.39 8.83 50.00 1573.22
11 1573.22 9.18 50.00 1632.40
12 1632.40 9.52 50.00 1691.92
13 1691.92 9.87 50.00 1751.79
14 1751.79 10.22 50.00 1812.01
15 1812.01 10.57 50.00 1872.58
16 1872.58 10.92 50.00 1933.50
17 1933.50 11.28 50.00 1994.78
18 1994.78 11.64 50.00 2056.42
19 2056.42 12.00 50.00 2118.41
20 2118.41 12.36 50.00 2180.77
21 2180.77 12.72 50.00 2243.49
22 2243.49 13.09 50.00 2306.58
23 2306.58 13.46 50.00 2370.03
24 2370.03 13.83 50.00 2433.86
25 2433.86 14.20 50.00 2498.06
26 2498.06 14.57 50.00 2562.63
27 2562.63 14.95 50.00 2627.58
28 2627.58 15.33 50.00 2692.90
29 2692.90 15.71 50.00 2758.61
30 2758.61 16.09 50.00 2824.70
31 2824.70 16.48 50.00 2891.18
32 2891.18 16.87 50.00 2958.05

33 2958.05 17.26 50.00 3025.30
34 3025.30 17.65 50.00 3092.95
35 3092.95 18.04 50.00 3160.99
36 3160.99 18.44 50.00 3229.43
$ 429.43
Month #9
1514.38599
(Formula Method)
Month #9
$1,514.39
(Excel Function Method)

Month #9
(Iteration Method)
Reflection Paragraph :
(
Briefly summarize insights gained from the three methods to calculate th
important for young investors to know.
)
From doing this spreadsheet, it shows you step by st
think it is also insightful to know the formulas to come
me want to invest my money because if you just kee
more and more interest as it builds and you're really
only beneficial to do this. I think it is very important fo
taught this because it could really come in handy for

he future value, the impact that interest can have on your investments, and what is
tep how much you really can gain from investing your money. I