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Unformatted text preview: 5 Using Excel • If you invest $25,000 at 12%, how long will it take to have $50,000? – Unlike your calculator, 6 Using Excel • The missing variable is calculated. 7 Using Excel • Solve for the missing variable: 8 Final Thoughts • There is an inverse relationship between rates and the present value: – The higher the discount rate, the lower the present value. – The lower the discount rate, the higher the present value. – Basically, the more (less) interest you earn, the less (more) money you have to invest 9 Future Value Table  Appendix 10 Present Value Table – Appendix 11 To Do’s • Review Chapter 3 and Chapter 3 slides. • Do Prepping for Exams and Problems in book or MyFinance Lab. • Read Chapter 4 and Chapter 4 slides. 12...
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 Spring '12
 VictorWakeling
 Interest, Net Present Value, Period, Mathematical finance, Intrayear Example

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