CPA DemoLes 7 FV demo & practice

CPA DemoLes 7 FV demo & practice - Future Value Problem...

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Future Value Problem 1 Principal $1,000.00 Annual interest Rate (APR) 6% Compounding (per year) 4 Term (in years) 2 Future Value $1,126.49 Schedule Period Interest Principal Start $1,000.00 End of Period 1 $15.00 $1,015.00 End of Period 2 $15.23 $1,030.23 End of Period 3 $15.45 $1,045.68 End of Period 4 $15.69 $1,061.36 End of Period 5 $15.92 $1,077.28 End of Period 6 $16.16 $1,093.44 End of Period 7 $16.40 $1,109.84 End of Period 8 $16.65 $1,126.49 1. Suppose you put today. The account p interest of 6% year, quarter. How much m after two years? Con shows how much yo your work with the F
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t $1,000 in the bank pays a fixed rate of , compounded every money will you have nstruct a schedule that ou will have. Check FV function.
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Future Value Problem 2 Principal $1,000.00 Annual interest Rate (APR) 6% Compounding (per year) 12 Term (in years) 2 Future Value $1,127.16 Schedule Period Interest Principal Start $1,000.00 End of Period 1 $5.00 $1,005.00 End of Period 2 $5.03 $1,010.03 End of Period 3 $5.05 $1,015.08 End of Period 4 $5.08 $1,020.15 End of Period 5 $5.10 $1,025.25 End of Period 6 $5.13 $1,030.38 End of Period 7 $5.15 $1,035.53 End of Period 8 $5.18 $1,040.71 End of Period 9 $5.20 $1,045.91 End of Period 10 $5.23 $1,051.14 End of Period 11 $5.26 $1,056.40 End of Period 12 $5.28 $1,061.68 End of Period 13 $5.31 $1,066.99
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This note was uploaded on 10/30/2010 for the course FINANCE Excel taught by Professor Vahn during the Spring '10 term at City College of San Francisco.

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CPA DemoLes 7 FV demo & practice - Future Value Problem...

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