Professional Documents
Culture Documents
IMPORTANT
Assignment has to be submitted on BlackBoard.
File should be named as:
Lastname_Firstname_Assignment3.xlsx
POINT DEDUCTIONS
1. For each 24 hours (or part thereof) the assignment is late, there will be a 10 point deduction.
2. Failure to follow the file naming convention when submitting assignments in BlackBoard = 10 point deduction.
0 point deduction.
Before doing anything, rename this file as: Lastname_Firstname_Assignment3.xlsx (go to file, then select save as)
This sheet has four parts: payment, future value, present value and Net present value
Remember to do all four parts.
PART #1: Payment
You want to purchase a car. So you decided to take an Auto loan of $30,000 (now).
Present Value
Interest Rate per period
# of Periods
Future Value
Periodic Payments
$30,000.00
You are required to make payment at the end of every month. The annual interest rate is 7.50%.
0.63%
You have to pay off the loan in 4 years.
48
$0.00 Fill each cell in the table with the right value and calculate the periodic payment.
($725.37)
You want to build a home after 5 years so you plan to save a part of your earnings in an annuity
which has a period of 5 years.
-$7,777.00
1.31% You are required to pay $7,777 now, and $8,888 at the start of every quarter. The annual interest
20 rate is 5.25%. What is the amount that you will receive after 5 years?
-$8,888.00
$214,513.96 Fill each cell in the table with the right value and calculate the future value.
99company's new project is expected to return $3,500 at the end of every month for 5 years.
A
Also,
it is expected to get $49,500 at the end of 5 years.The annual interest rate is 12.25%.
$49,500.00
1.02%
Fill each cell in table with the right value and calculate the present value of all the future
60 returns.
$3,500.00
($183,364.79)
$2,000,000.00
$2,000,000.00 To answer the above question, fill each cell in table with the right value
$5,973,703.98 and calculate the net present value of the yearly payment scheme. Now,
0 (now).
yment.
earnings in an annuity
e.
oday, and
w. Assuming
ter of receiving
GoalSeek
Maximum
Score
100
100
200
83.00
95.00
178.00
Verbal
Analytical
Total
% Score
89.00%
Entrance Exam
In this worksheet, select cell C4 and name it with VerbalScore in the name box. And
use VerbalScore in your Goal Seek process. NOTE: No space between verbal and
score.
The entrance exam for a masters' program has two parts - Verbal and Analytical. You
scored 95.00% out of 100 in the Analytical part. To get into a Masters' Program, you
need to get at least 89%.
How much do you need to score in Verbal to get a % (total) score of 89% (use the
correct function)? 83%
Employee
Kira
Susan
Amelie
Sandy
Tom
Pat
Jan
hoursTypically,
of some employees
company.
employeesofinthis
a local
company are
Calculate
the
total
wage
using
IF
function.
required to work no more than
40.00 hours a
$17.89
40.00
$37.89
Weekly Working
Hours
Weekly
Wage
24
37.5
35
46
52.5
37.5
47
429.36
670.88
626.15
942.94
1189.23
670.88
980.83
250
150
$14.99
$20.99
$26.99
Customer
Avila Enterprises
New Salem Enterprises
Timson and Brothers
French Brothers, Inc.
Zaragosa, Inc.
Orleans and Sons
Thyme and Sons, Inc.
Oswego Trading Company
Quantity (q)
Sales
219
166
250
139
150
299
323
133
$4,596.81
$3,484.34
$5,247.50
$3,751.61
$3,148.50
$4,482.01
$4,841.77
$3,589.67
PART B:
Go to a new (separate)
sheet. Call it Payroll
Summary. In this
worksheet, copy over the
Employee table (A7:C14).
Just the Values! Then,
add two columns: "Annual
Working Hours" and
"Annual Wage".
Assuming 52 weeks in a
year, compute the data for
these two columns.
Format the table to make
it presentable.
35
47
24
37.5
46
37.5
52.5
Weekly Wage
$626.15
$980.83
$429.36
$670.88
$942.94
$670.88
$1,189.23
Annual Wage
$32,559.80
$51,003.16
$22,326.72
$34,885.50
$49,032.88
$34,885.50
$61,839.70