Calculating Present Value. Brenda Young desires to have $20,000 eight years from now for her daughter's college fund. If she will earn 4 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.

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A: To open the "FV function" window - MS-Excel --> Formulas --> Financials --> FV.

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Q: d. Ja d. 1

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A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

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A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

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A: Annual deposit=$5200Period=n=40 yearsInterest rate=r=6%Calculate future value.