Need Excel Format and screenshot The attached printout of an Excel spreadsheet shows the use of six...

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Finance

Need Excel Format and screenshot

The attached printout of an Excel spreadsheet shows the use ofsix financial formulas related to the time-value-of-money conceptsdiscussed in Chapter 5. Your task is to reproduce the spreadsheetusing Excel financial formulas in the red cells, which have thenames shown in blue in the adjacent cells. You can find thefinancial formulas in Excel by clicking on Formulas at the top ofthe spreadsheet, and then clicking on Financial.

You will submit your spreadsheet through D2L, and I will checkyour work by changing one of the input values for each formula tosee if your spreadsheet calculates the correct answer.

Note that interest rates in Excel are entered in decimal form,not as a percent as with the TI calculator. For example, in Excel9.5% is entered in a cell as 0.095. Also, the type variable foreach formula defines when the cash flows occur. Setting type equalto 0 means the cash flows occur at the end of each period. Settingtype equal to 1 means the cash flows occur at the beginning of eachperiod.

A

B

C

1

Present value

2

Rate

0.11

3

Nper

8

4

PMT

10

5

FV

100

6

Type

0

7

PV

?94.85

8

9

Number of periods

10

Rate

0.11

11

PMT

10

12

PV

?94.85

13

FV

100

14

Type

0

15

Nper

8.01

16

17

Payment

18

Rate

0.11

19

Nper

8

20

PV

?94.85

21

FV

100

22

Type

0

23

PMT

10.00

24

25

Interest rate

26

Nper

8

27

PMT

10

28

PV

?94.85

29

FV

100

30

Type

0

31

Rate

0.11

32

33

Future value

34

Rate

0.11

35

Nper

8

36

PMT

10

37

PV

?94.85

38

Type

0

39

FV

99.99

40

41

Net present value

42

Rate

0.11

43

Value 1

100

44

Value 2

200

45

Value 3

300

46

Value 4

400

47

Value 5

500

48

NPV

1031.99

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Transcribed Image Text

Need Excel Format and screenshotThe attached printout of an Excel spreadsheet shows the use ofsix financial formulas related to the time-value-of-money conceptsdiscussed in Chapter 5. Your task is to reproduce the spreadsheetusing Excel financial formulas in the red cells, which have thenames shown in blue in the adjacent cells. You can find thefinancial formulas in Excel by clicking on Formulas at the top ofthe spreadsheet, and then clicking on Financial.You will submit your spreadsheet through D2L, and I will checkyour work by changing one of the input values for each formula tosee if your spreadsheet calculates the correct answer.Note that interest rates in Excel are entered in decimal form,not as a percent as with the TI calculator. For example, in Excel9.5% is entered in a cell as 0.095. Also, the type variable foreach formula defines when the cash flows occur. Setting type equalto 0 means the cash flows occur at the end of each period. Settingtype equal to 1 means the cash flows occur at the beginning of eachperiod.ABC1Present value2Rate0.113Nper84PMT105FV1006Type07PV?94.8589Number of periods10Rate0.1111PMT1012PV?94.8513FV10014Type015Nper8.011617Payment18Rate0.1119Nper820PV?94.8521FV10022Type023PMT10.002425Interest rate26Nper827PMT1028PV?94.8529FV10030Type031Rate0.113233Future value34Rate0.1135Nper836PMT1037PV?94.8538Type039FV99.994041Net present value42Rate0.1143Value 110044Value 220045Value 330046Value 440047Value 550048NPV1031.99

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