SMG FE 101 Lecture Notes - Lecture 4: Cash Flow, Interest Rate

• School: Boston University
• Department: Finance
• Course: SMG FE 101
• Professor: Cornelia Newell

Document Summary

In this problem, you will calculate the future value of an annuity. For the purpose of grading the project you are required to perform the following tasks: To calculate the future value of an annuity, use the function fv. Note: in ms excel, arguments in square brackets [ ] represent optional arguments in the sense that, if no argument is input, ms excel will assume the default values. For the purpose of grading the project you are required to input the arguments as given above. In the function fv, a zero for the argument [type] indicates that the future cash flows occur at the end of the period (the default value for the argument [type] is 0).