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T CLO1 Match GoalSeek SM 12sep
T CLO1 Match GoalSeek SM 12sep
U
following:
Q1. Employee having the highest salary
Q2. Employee having the 3rd highest salary
Q3. Employee having the 56th lowest salary
Nth largest
Nth smallest
I expect to earn 10 percent per year on my retirement investments. At the end of each of the next 40 years, I want t
retirement portfolio. How much money do I need to put in each year if I want to have Rs 2 million in my account wh
Duration (Years) 40
Example Monthly Investment ₹ 4,518.83
Rate % 0.1
Total Corpus after 40 years ₹ 2,000,000.00 //Future Value
Future Value function is used when we want to know the value of an annuity in terms of future dollars (40 years from now)
The FV function gives the future value of an investment assuming periodic, constant payments with a constant interest rate
rate= interest rate; #per = number of periods; pmt = payent made in each period; pv = Amount owed/ invested as of now (T
money into an account), default is 0; type = 0 (payment at end of period) or 1 (begin of period)
At the end of each of the next 40 years, I’m going to put Rs. 20,000 in my retirement fund. What rate of return on m
Rs 2 million available for retirement in 40 years?
Duration (Years) 40
YEARLY Investment 20000
Rate % 0.0421553943
Total Corpus after 40 years $2,000,000.00 //Future Value
of the next 40 years, I want to put the same amount of money in my
s 2 million in my account when I retire?
PMT - Can be used to compute future payments/ EMI for a loan assuming constant interest rate and payment. By default
PMT() returns negative, as it signifies cash outflow in the form of monthly EMI