Determine what annual payment will need to be invested if


using the appropriate Excel financial functions, do the following:

Determine the present value of $75,000 discounted at 6% over 6 years.

Determine the future value of $100,000 invested today at 4% for 5 years.

Determine what annual payment will need to be invested if you have $10,000 today and want it to grow to $100,000 over 20 years at 4.5%.

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Financial Management: Determine what annual payment will need to be invested if
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