PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS 1.- Now find the future or final value (FV) at compound interest of the amounts expressed in each item, taking into account the compound interest rate and its respective compounding period. Indicate separately the total amount of interest and the effective rate. a)$299,105 at 9.75% compounded quarterly for 16 years. b)$320,000 at 8.45% compounded monthly over 15 years. c)$1'909,900 at 8½% compounded semiannually over 13 years. d)$838,750 at 7½% compounded monthly over 10 years. Note:

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS
1.- Now find the future or final value (FV) at compound interest of the amounts expressed in each item, taking into account the compound interest rate and its respective compounding period. Indicate separately the total amount of interest and the effective rate.

a)$299,105 at 9.75% compounded quarterly for 16 years.
b)$320,000 at 8.45% compounded monthly over 15 years.
c)$1'909,900 at 8½% compounded semiannually over 13 years.
d)$838,750 at 7½% compounded monthly over 10 years.

Note:
In the image, this is the original exercise, it is in Spanish, but it is easy to understand.

Very important Note:
It is necessary that you make a solution approach and then the result. Above all, to check the procedure and/or the formulas used, especially when you use excel.


TO CONSIDER THE YEAR AS 360 DAYS (WHICH IS COMMERCIAL) (only if required)

1. Ahora encuentra el valor futuro o final (FV) a interés compuesto de los montos
expresados en cada inciso, tomando en cuenta la tasa de interés compuesto y su
respectivo período de capitalización. Indica por separado el monto total de los
intereses y la tasa efectiva.
a) $299,105 al 9.75% capitalizable cuatrimestralmente durante 16 años.
b) $320,000 al 8.45% capitalizable mensualmente en 15 años.
c) $1'909,900 al 82% capitalizable semestralmente en 13 años.
d) $838,750 al 7½% capitalizable mensualmente en 10 años.
Transcribed Image Text:1. Ahora encuentra el valor futuro o final (FV) a interés compuesto de los montos expresados en cada inciso, tomando en cuenta la tasa de interés compuesto y su respectivo período de capitalización. Indica por separado el monto total de los intereses y la tasa efectiva. a) $299,105 al 9.75% capitalizable cuatrimestralmente durante 16 años. b) $320,000 al 8.45% capitalizable mensualmente en 15 años. c) $1'909,900 al 82% capitalizable semestralmente en 13 años. d) $838,750 al 7½% capitalizable mensualmente en 10 años.
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