all the answers must be made on excel
1.An investor has 15,000 and can expect to earn 3% interest on that sum each year for the next 5 years with interest compounded annually, what is the future value?
2. Imagine you are considering investing EUR 10,000 for 1 year with a annual interest rate of 3%. As an investor, which option would you rather chose: receive 10,000 now or 11,200 one year from now?
3.EUR 15,000 is to be coumpounded semi-annually at a rate of 2% for 50 years. Calculate the investment's value at the end of the time horizon
