2. Use the worksheet tab Problem 2 A-FV Retirement and Problem 2 B-PV Invest C look! Excel File Home Insert Draw Page Layout Formulas Data Review <-11 Deputa A A A- Font fr Parte KIS X = Cali B Return Rate Investment Duration in Years Amount Invested Future Investment Value Retirement Plan Return Rate 9 Investment Duration in Years 10 Monthly Payroll Deduction 11 Company Match 12 Monthly Investment 13 Current Balance One-Time Investment Scenario 5.500% 14 Future Investment Value 15 16 17 18 D Accessibility: Investigate O DI Sheet1 Sheet2 Scenario Return Rate Alignment 13 7500 4.500% 35 500 50% 750 $10,000.00 General 100- $-% 28 28 D P Search View Automate Help Acrobat Conditional Formatting - Format as Table- - Call Styles Goal seek Future Savings Value at $20,000 Future Savings Value at $25,000 Insert - Delete H) Format - O Edining H Retirement plan Goal Seek Solution by changing Return Rate-Goal seek Retirement Amount at $1,000,000 Retirement Amount at $1,200,000 88 • Retirement Amount at $1,000,000 • Retirement Amount at $1.200.000 Display Settings Asela Thomason SCADE Analyze Data m 69°F Sunny Comments a. Calculating Future Value • Calculate the Future Value of the One-time Investment. • Calculate the Future Value of the Retirement Plan. • Use Goal Seek to Determine the Necessary Return Rate required to yield the following: On-time-Investment Goal Seek Solution by changing • Future Savings Value at $20,000 • Future Savings Value at $25,000 Retirement plan Goal Seek Solution by changing Return Rate D Create PDF Create PDF and and Share link Share via Outlook Adobe Acrobat O e Share 607 PM 10/22/2023 5
2. Use the worksheet tab Problem 2 A-FV Retirement and Problem 2 B-PV Invest C look! Excel File Home Insert Draw Page Layout Formulas Data Review <-11 Deputa A A A- Font fr Parte KIS X = Cali B Return Rate Investment Duration in Years Amount Invested Future Investment Value Retirement Plan Return Rate 9 Investment Duration in Years 10 Monthly Payroll Deduction 11 Company Match 12 Monthly Investment 13 Current Balance One-Time Investment Scenario 5.500% 14 Future Investment Value 15 16 17 18 D Accessibility: Investigate O DI Sheet1 Sheet2 Scenario Return Rate Alignment 13 7500 4.500% 35 500 50% 750 $10,000.00 General 100- $-% 28 28 D P Search View Automate Help Acrobat Conditional Formatting - Format as Table- - Call Styles Goal seek Future Savings Value at $20,000 Future Savings Value at $25,000 Insert - Delete H) Format - O Edining H Retirement plan Goal Seek Solution by changing Return Rate-Goal seek Retirement Amount at $1,000,000 Retirement Amount at $1,200,000 88 • Retirement Amount at $1,000,000 • Retirement Amount at $1.200.000 Display Settings Asela Thomason SCADE Analyze Data m 69°F Sunny Comments a. Calculating Future Value • Calculate the Future Value of the One-time Investment. • Calculate the Future Value of the Retirement Plan. • Use Goal Seek to Determine the Necessary Return Rate required to yield the following: On-time-Investment Goal Seek Solution by changing • Future Savings Value at $20,000 • Future Savings Value at $25,000 Retirement plan Goal Seek Solution by changing Return Rate D Create PDF Create PDF and and Share link Share via Outlook Adobe Acrobat O e Share 607 PM 10/22/2023 5
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter22: Master Budget (master)
Section: Chapter Questions
Problem 2R: Open the file MASTER from the website for this book at cengagebrain.com. Enter all the formulas...
Related questions
Question
![2. Use the worksheet tab Problem 2 A-FV Retirement and
Problem 2 B -PV Invest
K
File
6
7
ñ
Paste
K11
16
17
18
Book1 - Excel
Clipboard
Home Insert
Calibri
X
Dr-
Ready
B I U
89-
Draw Page Layout Formulas Data Review View
== 28
M =100-
Font
2 Return Rate
3 Investment Duration in Years
4 Amount Invested
Future Investment Value
fx
One-Time Investment Scena
Return Rate
9Investment Duration in Years
10 Monthly Payroll Deduction
11 Company Match
12 Monthly Investment
13 Current Balance
14 Future Investment Value
15
Sheet1
11
A A
A-
Retirement Plan Scenario
Sheet2
Accessibility: Investigate
D O AI
19
9
Return Rate
=
5.500%
13
7500
Alignment
4.500%
35
500
50%
750
$10,000.00
19
D
O Search
General
-
$ % 9
68 28
Number
Automate Help Acrobat
Conditional Formatting
W
Format as Table
Cell Styles -
Styles
Goal seek
Future Savings Value at $20,000
Future Savings Value at $25,000
Insert
Delete
Format -
Cells
G
O
dating
FS
Sensitivity
Retirement plan Goal Seek Solution by changing Return Rate-Goal seek
Retirement Amount at $1,000,000
Retirement Amount at $1,200,000
• Retirement Amount at $1,000,000
• Retirement Amount at $1. 200.000
H
1881
Add-ins
Add-ins
Display Settings
Asela Thomason
KCLD
Analyze
Data
69°F Sunny
P Comments
• Future Savings Value at $20,000
• Future Savings Value at $25,000
Retirement plan Goal Seek Solution by changing
Return Rate
D
PR
Create PDF
Create PDF and
and Share link Share via Outlook
Adobe Acrobat
a. Calculating Future Value
• Calculate the Future Value of the One-time
Investment.
• Calculate the Future Value of the Retirement Plan.
• Use Goal Seek to Determine the Necessary Return
Rate required to yield the following:
On-time-Investment Goal Seek Solution by changing
S
Share
6:07 PM
10/22/2023
100%
5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3182f1c-7375-4a50-8088-f06a8a8e9532%2Ff69c988c-daef-47f8-a357-65e7fd980872%2F5an532p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2. Use the worksheet tab Problem 2 A-FV Retirement and
Problem 2 B -PV Invest
K
File
6
7
ñ
Paste
K11
16
17
18
Book1 - Excel
Clipboard
Home Insert
Calibri
X
Dr-
Ready
B I U
89-
Draw Page Layout Formulas Data Review View
== 28
M =100-
Font
2 Return Rate
3 Investment Duration in Years
4 Amount Invested
Future Investment Value
fx
One-Time Investment Scena
Return Rate
9Investment Duration in Years
10 Monthly Payroll Deduction
11 Company Match
12 Monthly Investment
13 Current Balance
14 Future Investment Value
15
Sheet1
11
A A
A-
Retirement Plan Scenario
Sheet2
Accessibility: Investigate
D O AI
19
9
Return Rate
=
5.500%
13
7500
Alignment
4.500%
35
500
50%
750
$10,000.00
19
D
O Search
General
-
$ % 9
68 28
Number
Automate Help Acrobat
Conditional Formatting
W
Format as Table
Cell Styles -
Styles
Goal seek
Future Savings Value at $20,000
Future Savings Value at $25,000
Insert
Delete
Format -
Cells
G
O
dating
FS
Sensitivity
Retirement plan Goal Seek Solution by changing Return Rate-Goal seek
Retirement Amount at $1,000,000
Retirement Amount at $1,200,000
• Retirement Amount at $1,000,000
• Retirement Amount at $1. 200.000
H
1881
Add-ins
Add-ins
Display Settings
Asela Thomason
KCLD
Analyze
Data
69°F Sunny
P Comments
• Future Savings Value at $20,000
• Future Savings Value at $25,000
Retirement plan Goal Seek Solution by changing
Return Rate
D
PR
Create PDF
Create PDF and
and Share link Share via Outlook
Adobe Acrobat
a. Calculating Future Value
• Calculate the Future Value of the One-time
Investment.
• Calculate the Future Value of the Retirement Plan.
• Use Goal Seek to Determine the Necessary Return
Rate required to yield the following:
On-time-Investment Goal Seek Solution by changing
S
Share
6:07 PM
10/22/2023
100%
5
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