Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN: 9781305084766
Author: Saeed Moaveni
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 20, Problem 33P
(a)
To determine
Using Excel, find the future value (FV) for
(b)
To determine
Using Excel, find the Future value for
(c)
To determine
Using Excel, find the future value for
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Using Excel or a spreadsheet of your choice, create interest–time factor tables, similar to Table 20.9 , for i = 8 5% and i = 9 5%.
Please do not SOLVE using EXCEL.
Solve it using Manual Computation
Determine the maximum future amount of a 10-year uniform annuity X if it will be withdrawn after 20 years and the money is worth 20% effective.
Find the equivalent annual payment of the following obligations at 20% interest rate.
End of Year Payment
1 P 8,000
2 P 7,000
3 P 6,000
4 P 5,000
Chapter 20 Solutions
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
Ch. 20.4 - Prob. 1BYGCh. 20.4 - Prob. 2BYGCh. 20.4 - Prob. 3BYGCh. 20.4 - Prob. 4BYGCh. 20.4 - Prob. 5BYGCh. 20.4 - Prob. BYGVCh. 20.5 - Prob. 1BYGCh. 20.5 - Prob. 2BYGCh. 20.5 - Prob. 3BYGCh. 20.5 - Prob. BYGV
Ch. 20.8 - Prob. 1BYGCh. 20.8 - Prob. 2BYGCh. 20.8 - Prob. 3BYGCh. 20 - Prob. 1PCh. 20 - Prob. 2PCh. 20 - Prob. 3PCh. 20 - Prob. 4PCh. 20 - Prob. 5PCh. 20 - Prob. 6PCh. 20 - Prob. 7PCh. 20 - Prob. 8PCh. 20 - Prob. 9PCh. 20 - Prob. 10PCh. 20 - Prob. 11PCh. 20 - Prob. 12PCh. 20 - Prob. 13PCh. 20 - Prob. 14PCh. 20 - Prob. 15PCh. 20 - Prob. 16PCh. 20 - Prob. 17PCh. 20 - Prob. 18PCh. 20 - Prob. 19PCh. 20 - Prob. 20PCh. 20 - Prob. 21PCh. 20 - Prob. 22PCh. 20 - Prob. 23PCh. 20 - Prob. 24PCh. 20 - Prob. 25PCh. 20 - Prob. 26PCh. 20 - Prob. 27PCh. 20 - Prob. 28PCh. 20 - Prob. 29PCh. 20 - Prob. 30PCh. 20 - Prob. 31PCh. 20 - Prob. 32PCh. 20 - Prob. 33PCh. 20 - Prob. 34PCh. 20 - Prob. 35PCh. 20 - Prob. 36PCh. 20 - Prob. 37PCh. 20 - Prob. 38PCh. 20 - Prob. 39PCh. 20 - Prob. 40PCh. 20 - Prob. 41PCh. 20 - Prob. 42PCh. 20 - Prob. 43PCh. 20 - Prob. 44PCh. 20 - Prob. 45PCh. 20 - Prob. 46PCh. 20 - Prob. 47PCh. 20 - Prob. 48PCh. 20 - Prob. 49PCh. 20 - Prob. 50PCh. 20 - Prob. 52PCh. 20 - Prob. 53PCh. 20 - Prob. 54P
Knowledge Booster
Similar questions
- Find the amount at the end of 3 years and 6 months if P7,000 is invested at 30% compounded quarterly, using simple interest for anytime less than a year interest period.arrow_forwardwhat is the balance and amount of interest earned if $2500 is invested at 6% compounded monthly for five years?arrow_forwardA man will deposit 200 with a savings bank at the beginning of each 3 months for 9 years. If the bank pays interest at the rate of 5.5% quarterly, find the sum to his credit just after the last deposit. *written solution pleasearrow_forward
- At the birth of a girl, what amount should her mother invest in order to provide the daughter with ₱25,000 at the age of 21 years if the money earns 4 and 3/8 % compounded quarterly?a. ₱ 685.23 b. ₱ 10,025.32 c. ₱ 2,801.57 d. ₱ 8,250.50arrow_forwardFOR THE CASH FLOW REVENUES SHOWN BELOW, FIND THE VALUE OF G THAT MAKES THE EQUIVALENT ANNUAL WORTH IN YEARS 1 THROUGH 7 EQUAL TO $500. THE INTEREST RATE IS 10% PER YEAR.arrow_forward2.A man is required to pay 57500 at the end of 15 days or 60000 at the end of 60 days. Determine the rate of interestarrow_forward
- solve this given problem using EXCEL with 7 decimal placesarrow_forwardA student borrows $2,500.00 per year for eight years at 3% interest. How much will she have to repay at the end of eight years? The figure is the cash flow diagram.arrow_forwardIf P35, 000 is deposited now into a savings account that earns 6% per year, what uniform annual amount could be withdrawn at the end of each year for ten years so that nothing would be left in the account after the 10th withdrawal?With cashflow diagram .Pleasearrow_forward
- hat is the equivalent present value of the following series of payments if the interest rate is 10% compounded annually? P7,000 for 1styear, P6,500 for 2ndyear, P6000 for 3rdyear, P5,500 for 4thyear, and P5,000 5thyear. please also draw a cash flow diagram and dont use the table methodarrow_forward#20,000.00 borrowed today for 2 years at 5% compound interest will result in how much total interest at the end of Year 2?arrow_forwardDetermine the present worth of the following cash flows based on an interest rate of 6.18% per year, compunded annually. End of Year 0 = Php 5724 End of Year 1 = Php 5972 End of Year 2 = Php 5203 End of Year 3 = Php 5767 End of Year 4 = Php 5492 End of Year 5 = Php 5787arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Engineering Fundamentals: An Introduction to Engi...Civil EngineeringISBN:9781305084766Author:Saeed MoaveniPublisher:Cengage Learning
Fundamentals Of Construction EstimatingCivil EngineeringISBN:9781337399395Author:Pratt, David J.Publisher:Cengage,
Engineering Fundamentals: An Introduction to Engi...
Civil Engineering
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Cengage Learning
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Cengage,