1. Consider a $1,800 deposit earning 8 percent interest per year for five years. Find How much total interest is earned on the original deposit?, and How much is interest earned on interest?
2. Calculate the value today that is equivalent to $150 at the end of year 1, $450 at the end of year 2, and $300 at the end of year 3, given a discount rate of 10%. how do i do this using excel and what functions do i use to do it.