Future values. Fill in the future values for the following table, using one of the three methods below a. Use the future value formula, FV= PVx(1+ b. Use the TVM keys from a calculator c. Use the TVM function in a spreadsheet Present Value $ 222.00 Interest Rate Number of Periods Future Value 3% $5.39 (Round to the nearest cent)

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter27: Time Value Of Money (compound)
Section: Chapter Questions
Problem 2R
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Future values. Fill in the future values for the following table, using one of the three methods below
a. Use the future value formula, FV= PVx(1+
b. Use the TVM keys from a calculator
c. Use the TVM function in a spreadsheet
Present Value
$ 222.00
Interest Rate
Number of Periods
Future Value
3%
$5.39 (Round to the nearest cent)
Transcribed Image Text:Future values. Fill in the future values for the following table, using one of the three methods below a. Use the future value formula, FV= PVx(1+ b. Use the TVM keys from a calculator c. Use the TVM function in a spreadsheet Present Value $ 222.00 Interest Rate Number of Periods Future Value 3% $5.39 (Round to the nearest cent)
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