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Situation 1

(SLIDE 29)

PV

25000
2
8%

PV

25000
($29,160.00)

PMT EXAMPLE
FV
NPER(YEARS)
RATES
PMT

(SLIDE 33)

5000
5
10%
($818.99)

RATE (EXAMPLE)
PV
FV
NPER

(SLIDE 36)

TO CONFORMATION RATE :

500
1183.7
10

RATE ??

$1,183.70

9%
YUN PROBLEM
1 (a)

PV
RATES
YEARS

FV

1 (b)

2 (a)

20000
8%
5

20000
8%
15

20000
10%
5

($29,386.56)

($63,443.38)

($32,210.20)

How many years will the following take? $100 to grow to $672.75 if interested at 10% compound
NPER
PV

100

FV
RATE

672.75
10%
20

Situation 2

(SLIDE 29)

FV
NPER(YEARS)
Interest (RATES)

30000
2
8%

PV

($25,720.16)

NPER EXAMPLE
FV
NPER(YEARS)
RATES
PMT

2 (b)
20000
10%
15

($83,544.96)

f interested at 10% compounded annually.

10000
4.912044254
5%
1846.27

(SLIDE 34)

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