Scribd Logo
Upload

Welcome to Scribd!

  • Book 1

    Uploaded by

    swati123456789
    4 views3 pages
    The document contains two examples of using the FV formula to calculate the future value of investments with different terms. The first investment has an 11% interest rate over 35 years with payments of $2,000 at the beginning of each year, resulting in a future value of $758,328.81. The second investment has a 6% interest rate over 10 years with payments of $200 at the beginning of each period, a present value of $500, resulting in a future value of $3,689.75. It also contains an example of calculating the discount rate of a bond between two dates.

    Original Description:

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document contains two examples of using the FV formula to calculate the future value of investments with different terms. The first investment has an 11% interest rate over 35 years with payments of $2,000 at the beginning of each year, resulting in a future value of $758,328.81. The second investment has a 6% interest rate over 10 years with payments of $200 at the beginning of each period, a present value of $500, resulting in a future value of $3,689.75. It also contains an example of calculating the discount rate of a bond between two dates.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views3 pages

    Book 1

    Uploaded by

    swati123456789
    The document contains two examples of using the FV formula to calculate the future value of investments with different terms. The first investment has an 11% interest rate over 35 years with payments of $2,000 at the beginning of each year, resulting in a future value of $758,328.81. The second investment has a 6% interest rate over 10 years with payments of $200 at the beginning of each period, a present value of $500, resulting in a future value of $3,689.75. It also contains an example of calculating the discount rate of a bond between two dates.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    FV(rate,nper,pmt,pv,type)

    Data Description
    11% Annual interest rate
    35 Number of payments
    -2000 Amount of the payment
    1 Payment is due at the beginning of
    the year (see above)
    Formula Description (Result)
    £758,328.81 Future value of an investment with
    the above terms (82,846.25)

    Data Description
    6% Annual interest rate
    10 Number of payments
    -200 Amount of the payment
    -500 Present value
    1 Payment is due at the beginning of
    the period (see above)
    Formula Description (Result)
    £3,689.75 Future value of an investment with
    the above terms (2581.40)
    Data Description
    February 15, 2008 Settlement date Err:502 January 2
    May 15, 2008 Maturity date February 2008
    1,000,000 Investment ### March 15
    1,014,420 Redemption value April
    2 Actual/360 basis (see above) May
    Formula Description (Result) June
    A4,A5) Discount rate, for the terms of the bond above
    (0.05768 or 5.77%)
    12

    Err:502

    Err:502
    Err:502

    You might also like