Please show your work. If you don’t show your work, you will not get credit. You can put the number next to the function in your submission. For example, FV = 150,000, PV = 250,000, i = 10%, and n = 5. Questions, let me know. If you do not show your work, no credit. If you wish to accumulate $325,000 in 15 years, how much must you deposit today in an account that pays an annual interest rate of 8%?What will $200,000 grow to be in 15 years if it is invested today in an account with an annual interest rate of 8%?How many years will it take for $192,000 to grow to be $500,000 if it is invested in an account with an annual interest rate of 8%?At what annual interest rate must $272,000 be invested so that it will grow to be $477,000 in 5 years?At what annual interest rate must $345,000 be invested so that it will grow to be $1,520,000 in 25 years?How many years will it take for $56,000 to grow to be $500,000 if it is invested in an account with an annual interest rate of 11%?What will $15,000 grow to be in 35 years if it is invested today in an account with an annual interest rate of 12% If you wish to accumulate $1,250,000 in 28 years, how much must you deposit today in an account that pays an annual interest rate of 4%?At what annual interest rate must $92,000 be invested so that it will grow to be $742,000 in 18 years?How many years will it take for $89,000 to grow to be $523,000 if it is invested in an account with an annual interest rate of 15%? Watch my video how to work these problems in MS Excel. SHOW YOUR WORK even in MS EXCEL.
