Copy of Accounting PV Functions Sheet-DeSanctis.xlsx - Spreadsheet Assignment ACC 340 Fall 2018 1 Using the Excel Present Value Function find the

Copy of Accounting PV Functions Sheet-DeSanctis.xlsx -...

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Spreadsheet Assignment ACC 340 Fall 2018 1. Using the Excel Present Value Function find the present value of a lease with annual payments of $50,000 for ten years if the first $50,000 is paid when the lease is signed and the effective (market) interest rate is 6%. Have answer appear in cell F7 below. The present value for problem 1 is = 2. Using the Excel Present Value Function find the present value of an investment in bonds on October 1, 2018 that have a term of 8 years,face value of $100,000 with stated interest of 10% paid annually with the first interest payment occuring October 1, 2019. Assume a market interest rate of 8%. Have answer appear in cell F16 below. The present value for problem 2 is = 3. On January 1, 2017 Lance Co. issued five-year bonds with a face value of $1,000,000 and a stated interest rate of 10% payable semiannually on July 1 and January 1;
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Unformatted text preview: the first interest payment being made July 1, 2017. The bonds were sold to yield 12%. Using the Excel Present Value Function find the PV and have the answer appear in cell F26 below. The present value for problem 3 is = 4. Jill Morris is leasing a small business computer from Eller Office Equipment Company for 6 years. The lease requires 12 semi-annual payments of $10,000 each with the first payment being made when the lease is signed and has an 8% effective (market) rate of int Using the Excel Present Value Function find the present value of the lease when it is signed at the beginning of the lease. Have present value answer appear in cell F37 below. The present value for problem 4 is = ($390,084.61) ($54,026.89) ($558,394.78) terest. ($97,604.77)...
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  • Spring '14
  • ThomasJ.Monks
  • Time Value Of Money, Finance lease, Excel Present Value Function

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