FIN 419 Week 2 Assignment Help 1 | University Of Phoenix
- University of Phoenix / FIN 419
- 01 Dec 2018
- Price: $8
- Other / Other
FIN 419 Week 2 Assignment Help 1 | University Of Phoenix
Assignment 1
Time Value of Money Calculations
Purpose of Assignment
The purpose of this assignment is to allow the students to understand
and practice the measurement of present value, future value, and interest rate
using Microsoft® Excel®.
Assignment Steps
Resources: Microsoft® Office® 2013 Accessibility
Tutorials, Microsoft® Excel®, Time Value of Money
Calculations Template
Calculate the following time value of money problems using Microsoft® Excel®:
- If
we place $8,592.00 in a savings account paying 7.5 percent interest
compounded annually, how much will our account accrue to in 9.5 years?
- What
is the present value of $992 to be received in 13.5 years from today if
our discount rate is 3.5 percent?
- If
you bought a stock for $45 dollars and could sell it fifteen years later
for three times what you originally paid. What was your return on owning
this stock?
- Suppose
you bought a house for $3,250,000 to make it a nursing home in the future.
But you have not committed to the project and will decide in nine years
whether to go forward with it or sell off the house. If real estate values
increase annually at 1.5%, how much can you expect to sell the house for
in nine years if you choose not to proceed with the nursing home project?
- If
your daughter wants to earn $215,000 within the next twenty-three years
and the salaries grow at 4.45% per year. What salary should she start to
reach her goal?
USA 
India