1.
Answer the 3 questions and bonus below. Please make sure that
you include your inputs and round out 2 decimal points for all
answers. For example. I want to see how much my $5,000 will
be worth in 5 years if I can earn 4%.
PV = -5,000 (Make sure it is negative if you are paying the
bank)
I/Y = 4 (Use the full number on the calculator and .04 if using
Excel)
N = 5 (Use annual unless the question asks for monthly)
CPT FV = ANSWER rounded 2 decimal points