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March 30, 2021

Answer the 3 questions and bonus below. ?Please make sure that you include your inpu

Answer the 3 questions and bonus below. Please make sure that you include your inputs and round out 2 decimal points for all answers. For example. I want to see how much my $5,000 will be worth in 5 years if I can earn 4%.

PV = -5,000 (Make sure it is negative if you are paying the bank)

I/Y = 4 (Use the full number on the calculator and .04 if using Excel)

N = 5 (Use annual unless the question asks for monthly)

CPT FV = ANSWER rounded 2 decimal points

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