Future value fv - Study guides, Class notes & Summaries
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ISTM 210 Exam 2- Excel Questions and Answers with complete
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Allows you to automatically populate cells in a worksheet - Answer-Fill Feature 
Allows you to complete a pattern within a range of cells - Answer-Series Feature 
Allows you to lock rows and columns when you navigate through a data table - Answer-Freeze Pain 
Feature 
Allows information on the table to be presented in an organized fashion - Answer-Sorting Feature 
Allows you to display only specific information on a data table - Answer-Filtering Feature 
cells automatically update when a formula...
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Segregated Funds & Annuities - Chapter 1 Latest Update 100% Pass
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Segregated Funds & Annuities - Chapter 1 Latest Update 100% Pass A GIC 
(Reference: Chapter 1) 
A client wants to ensure the full original investment will be repaid, plus a profit. What would be an appropriate recommendation for this client? 
Interest. 
(Reference: Chapter 1) 
Mary owns stock in a US-based company which trades on the Nasdaq exchange. Mary receives a dividend from her stock. How is the dividend taxed? 
Market risk. 
(Reference: Chapter 1) 
What type of risk refers to the possibil...
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ISTM 210 Exam 2 with Excel questions With Complete Solutions (SCORED A+)
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RATE - ANSWERScalculates the interest rate earned for an investment given the number of payments made as part of the investment, the payment amount, and the current value of the investment. 
 
(nper, pmt, pv, [fv], [type], [guess]) 
 
=RATE(Number of Payments, Monthly Payment Amount, Loan Amount)*12 
 
EFFECT - ANSWERScalculates the annual percentage rate for an interest rate given the number of times per year that interest is charged. 
 
(nominal_rate, npery) 
 
=effect(Interest Rate, Number of...
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Finance Exam 2 Questions With Complete Solutions
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Frank purchased his house 16 years ago by taking out a 25-year mortgage for $150,000. The mortgage has a fixed interest rate of 5 percent compounded monthly. If he wants to pay off his mortgage today, how much money does he need? He made his most recent mortgage payment earlier today. (Round your intermediate calculation and your answer to two decimal places.) 
Selected Answer: correct answer: b. $76,136.95 
Answer Feedback: 
Correct. Using a financial calculator, enter N = 300, I/Y = 5/12, PV ...
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Corporate Finance Questions and Correct Answers & Latest Updated
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Which loan type requires the borrower to repay a single lump sum payment at some time 
in the future with interest? 
o :## pure discount 
Pure Discount Loans are the simplest form of loan. 
Which loan type requires calls for the borrower to pay interest each period and to repay the 
entire principal at some point in the future? 
o :## Interest-only 
Suppose a business takes out a $7,000, five-year loan at 6 percent that will be paid annually 
with a single, fixed payment each period. How much...
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REAL 4000 Test 2 Dietz Questions And Answers With Latest Solutions
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Value of a property or mortgage thus depends on: - 1. Magnitude 
2. Timing 
3. Riskiness 
of expected cash flows 
TVM timelines always starts with - - "Time Zero" 
Mortgage (debt) timelines normally - 30 years 
Most commercial property ownership - 3-7 years 
Amount at time "zero" - PV 
A single cash flow at any future time point - FV 
A repeating amount of cash inflow or outflow, flow normally begins at end of first period, sometimes at 
time zero - PMT 
This is the measure of time and the n...
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Wall Street Prep Excel Crash Course Formulas Explained Exam All Questions And Correct Answers
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Wall Street Prep Excel Crash Course Formulas Explained Exam All Questions And Correct Answers 
PV (Present Value) Function - ANSWER-Definition: This function provides the present value of a constant stream of cash flows based on the following arguments... 
1) Rate: The Annual Interest Rate (Discount Rate) 
2) NPER: Total number of payment periods 
3) PMT: Payment made during each period 
4) FV: Future Value [NOT Required] 
5) Type: Indicates when payments are due [0/Omitted means end of period, ...
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Business Finance Exam 1 (Chapters 1-4) Test Questions And 100% Accurate Answers.
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Problem 4-3 One Year Future Value (LG4-2) 
 
What is the future value of $650 deposited for one year earning an 10 percent interest rate annually? - Answer FVN = PV × (1 + i)N 
FV1 = $650 × (1 + 0.10)1 
 = $650 × 1.10 
 = $715 
 
 
 Or N = 1, I = 10, PV = −650, PMT = 0, CPT FV == 715 
 
Problem 4-5 Multiyear Future Value (LG4-3) 
 
How much would be in your savings account in eight years after depositing $240 today if the bank pays 8 percent per year? - Answer FVN = PV × (1 + i)N...
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COSC 1301 Excel 2024 Exam Questions and Answers All Correct
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COSC 1301 Excel 2024 Exam Questions and Answers All Correct 
 
A logical function works with statements that are ________ . 
 a. numerical 
 b. intangible in nature 
 c. either true or false 
 d. open-ended - Answer-c. either true or false 
 
________ can extend a series of numbers, patterned text, and dates into an adjacent cell or range. 
 a. AutoFill 
 b. The Rangefinder 
 c. Drag-and-drop 
 d. The Formula Extender - Answer-a. AutoFill 
 
________ value is the amount that each numeric ...
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ISTM 210 Exam 2 with Excel questions With Complete Solutions (RATED A+)
- Exam (elaborations) • 16 pages • 2024
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ISTM 210 Exam 2 with Excel questions With Complete Solutions (RATED A+)RATE - ANSWERScalculates the interest rate earned for an investment given the number of payments made as part of the investment, the payment amount, and the current value of the investment. 
 
(nper, pmt, pv, [fv], [type], [guess]) 
 
=RATE(Number of Payments, Monthly Payment Amount, Loan Amount)*12 
 
EFFECT - ANSWERScalculates the annual percentage rate for an interest rate given the number of times per year that interest i...
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