Re: homework

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From: Bob Phillips (bob.phillips_at_notheretiscali.co.uk)
Date: 04/02/04 

Date: Fri, 2 Apr 2004 14:33:12 +0100

What do you call all these NG replies then?

Bob

"Norman Harker" <njharker@optusnet.com.au> wrote in message
news:u8bRiNLGEHA.1720@tk2msftngp13.phx.gbl...
> Hi C. Smith!
>
> We don't do homework.
>
> However, the amount at the end of a year is a future value as viewed
> at the beginning of the year. You have a rate of interest and a term
> of 1 year. The interest is expressed as being "annual interest".
>
> Chip has suggested looking at the PV function.
>
> When completing the homework, don't forget to attribute the help that
> you received; attribution will generally be not only acceptable but
> can score higher marks.
>
> --
> Regards
> Norman Harker MVP (Excel)
> Sydney, Australia
> njharker@optusnet.com.au
> Excel and Word Function Lists (Classifications, Syntax and Arguments)
> available free to good homes.
> "C. Smith" <cs31504@hotmail.com> wrote in message
> news:LIcbc.31091$u_2.4564@nwrddc01.gnilink.net...
> >
> > A man goes in the bank and set up an account with a 9.5% annual
> > interest. At the end of the year, his account has earned $475.00.
> > What was the amount he originally deposit?
>
>

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