fcf 9th edition chapter 05
DESCRIPTION
dTRANSCRIPT
Chapter 5Problems 1-20
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 the Office button then "Excel Options," "Add-Ins" and select"Go." Check "Analyis ToolPak" and "Solver Add-In," then click "OK."
NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-In" be installed in Excel.
Chapter 5Question 1
Input area:
Interest rate 8%Deposit $ 5,000 # of years 10
Output area:
Compound interest $ 10,794.62
Simple interest $ 9,000.00
Difference $ 1,794.62
Chapter 5Question 2
Input area: Output area:
Present value Years Interest rate Future value $ 2,250 11 10% $ 6,419.51 8,752 7 8% $ 14,999.39 76,355 14 17% $ 687,764.17 183,796 8 7% $ 315,795.75
Chapter 5Question 3
Output area: Input area:
Present value Years Interest rate Future value $ 10,295.65 6 7% $ 15,451 $ 21,914.85 7 13% 51,557 $ 43,516.90 23 14% 886,073 $ 116,631.32 18 9% 550,164
Chapter 5Question 4
Input area: Output area:
Present value Years Interest rate Future value $ 240 2 11.24% $ 297 360 10 11.61% 1,080 39,000 15 10.95% 185,382 38,261 30 9.17% 531,618
Chapter 5Question 5
Input area: Output area:
Present value Years Interest rate Future value $ 560 9.63 9% $ 1,284 810 17.61 10% 4,341 18,400 19.02 17% 364,518 21,500 14.94 15% 173,439
Chapter 5Question 6
Input area: Output area:
Present value Years Interest rate Future value $ 55,000 18 9.68% $ 290,000
Chapter 5Question 7
Input area: Output area:
Present value Years Interest rate Future value $ 1.00 10.24 7% $ 2.00 1.00 20.49 7% 4.00
Chapter 5Question 8
Input area: Output area:
Present value Years Interest rate Future value $ 200,300 7 6.66% $ 314,600
Chapter 5Question 9
Input area: Output area:
Present value Years Interest rate Future value $ 40,000 28.02 5.30% $ 170,000
Chapter 5Question 10
Output area: Input area:
Present value Years Interest rate Future value $ 155,893,400.13 20 7.40% $ 650,000,000
Chapter 5Question 11
Output area: Input area:
Present value Years Interest rate Future value $ 488.19 80 10% $ 1,000,000
Chapter 5Question 12
Input area: Output area:
Present value Years Interest rate Future value $ 50 105 4.50% $ 5,083.71
Chapter 5Question 13
Input area: Output area:
Present value Years Interest rate Future value $ 150 112 8.40% $ 1,260,000
Present value Years Interest rate Future value $ 1,260,000 33 8.40% $ 18,056,409.94
Chapter 5Question 14
Input area: Output area:
Present value Years Interest rate Future value $ 1 113 9.90% $ 43,125
Chapter 5Question 15
Input area: Output area:
Present value Years Interest rate Future value $ 12,377,500 4 -4.46% $ 10,311,500
Chapter 5Question 16
Input area: Output area:
Present value Years Interest rate Future value $ 24,099 30 4.86% $ 100,000 $ 24,099 12 3.93% $ 38,260 $ 38,260 18 5.48% $ 100,000
Chapter 5Question 17
Output area: Input area:
Present value Years Interest rate Future value $ 61,303.70 9 12.0% $ 170,000
Chapter 5Question 18
Input area: Output area:
Present value Years Interest rate Future value $ 4,000 45 11% $ 438,120.97 $ 4,000 35 11% $ 154,299.40
Chapter 5Question 19
Input area: Output area:
Present value Years Interest rate Future value $ 20,000 6 8.40% $32,449.33
Chapter 5Question 20
Input area: Output area:
Years until CF received 2
Present value Years Interest rate Future value $ 10,000.00 19.31 11% $ 75,000.00
Years to wait 21.31