MT217Finance Worksheets Unit 4.xlsx - ($27,763.23 Present value($3,592.11 future value($1,408.54 future value($896.58($911.52($14.94 difference FV FV

MT217Finance Worksheets Unit 4.xlsx - ($27,763.23 Present...

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($27,763.23) Present value ($3,592.11) future value ($1,408.54) future value ($896.58) FV ($911.52) FV ($14.94) difference Difference
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FB= 70000 PV= 12339.42 n= 12 i= 0.15 m= 2 i/m= 0.075 n*m= 24 PV= FV*1/(1+i/m)^(n*m) PV= 12339.42 ($1,628.89) 1 $200.00 $208.00 2 $208.00 $216.32 3 $216.32 $224.97 4 $224.97 $233.97 5 $233.97 $243.33 6 $243.33 $253.06
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2000 2000 1 100 101 1249.19 1249.19 2 101 102.01 6 6 3 102.01 103.0301 0.08 0.08 4 103.0301 104.060401 2 2 5 104.060401 105.101005 0.04 0.04 6 105.101005 106.152015 12 12 7 106.152015 107.213535
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Unformatted text preview: 8 107.213535 108.285671 FV*1/(1+i/m)^(n*m) FV*1/(1+i/m)^(n*m) 9 108.285671 109.368527 1249.19 1249.19 10 109.368527 110.462213 11 110.462213 111.566835 12 111.566835 112.682503 13 112.682503 113.809328 14 113.809328 114.947421 15 114.947421 116.096896 16 116.096896 117.257864 17 117.257864 118.430443 18 118.430443 119.614748 19 119.614748 120.810895 20 120.810895 122.019004 ($317.37)...
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