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Chapter 20, Problem 36P

(a)

To determine

Using Excel, find the effective rate for 6.25% compounding monthly.

(b)

To determine

Using Excel, find the effective rate for 9.25% compounding monthly.

(c)

To determine

Using Excel, find the effective rate for 16.9% compounding monthly.

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Solve Problem 20.25 using Excel.
I need the solution in handwriting Q1/ If the first deposit was $5,000 and decreased by $150 during the five years. Calculate the equivalent P and then the equivalent A?i=5% 5 4 5000 3 2 1
FOR 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.
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