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I am trying to calculate the following
Find the future value of an investment of $5,000 made today for the following 1,) 6.25 percent compounded semi-annually for twelve years 2.) 7.63 percent compounded quarterly for six years 3.) 8.9 percent compounded monthly for ten years 4.) 10 percent compounded daily for three years 5.) 8 percent compounded continuously for two years I don't really want you to do the calculations for me, I need to know how to do the calculations to find these various types of answers using Excel. If you do work the problem please change the numbers so that I can follow what you are doing but am not getting the answer from you on this specific problem. I just am trying to learn how to do the calculations myself. Thanks for the help! |
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