I am currently in a business finance course and need help with some assistance for up to five problem sets that have to be done on Microsoft Excel spreadsheet calculations, showing step-by-step on how we arrived at the final solution for each problem, including calculations how to compute them within Excel. The problems are as followed:
5-1: Future Value Compute the future value in year 9 of a $2,000 deposit in year 1 and another $1,500 deposit at the end of year 3 using a 10 percent interest rate.
5-3: Future Value of an Annuity What is the future value of a $900 annuity payment over five years if interest rates are 8 percent?
5-5: Present Value Compute the present value of a $2,000 deposit in year 1 and another $1,500 deposit at the end of year 3 if interest rates are 10 percent?
5-7: Present Value of an Annuity What’s the present value of a $900 annuity payment over five years if interest rates are 8 percent?
5-12: Present Value of an Annuity Due If the present value of an ordinary, 6-year annuity is $8,500 and interest rates are 9.5 percent, what’s the present value of the same annuity due?
I would appreciate any help I can get using Microsoft Excel using the math functions and showing within the spreadsheet step-by-step instructions on how to answer the problem thoroughly. Looking through my course material in my class, I am not having much luck and am experiencing some difficulty on how to setup problems within Excel to answer them in gaining a better understanding of the finance problems. If possible, I would like a response back within less than day. Thanks!