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Chapter 4Problems 3, 4, 18
Input boxes in tanOutput boxes in yellowGiven data in blueCalculations in redAnswers in green
NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-in" be installed in Excel.To install these, click on "Tools|Add-Ins" and select "Analysis ToolPak" and "Solver Add-In."
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NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-in" be installed in Excel.To install these, click on "Tools|Add-Ins" and select "Analysis ToolPak"
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Chapter 4Question 3
Output area: Input area:
Present value Years Interest rate Future value $ 9,621.62 15 4% $ 17,328 $ 20,835.98 8 9% 41,517 $ 181,135.15 13 12% 790,382 $ 47,684.50 25 11% 647,816
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Chapter 4Question 4
Input area: Output area:
Present value Years Interest rate Future value $ 715 9 7.59% $ 1,381 905 6 11.27% 1,718 15,000 21 11.29% 141,832 70,300 18 8.65% 312,815
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Chapter 4Question 18
Input area: Output area:
Present value Years Interest rate Future value $ 5,000 45 10.10% $ 379,663.95 $ 5,000 35 10.10% $ 145,052.82