What is the present value of $992 to be received in 13.5 years from today if our discount rate is 3.5 percent?
The purpose of this assignment is to allow the students to understand and practice the measurement of present value, future value, and interest rate using Microsoft® Excel®. Resources: Microsoft® Office® 2013 Accessibility Tutorials, Microsoft® Excel®, Time Value of Money Calculations Template Calculate the following time value of money problems using Microsoft® Excel®: If we place […]