Question: 112 X fox A B C D E F G 1 C 2 FV 6,000.00 40,000.00 8.00% 3 i Kate deposits $6,000 at the end

 112 X fox A B C D E F G 1

112 X fox A B C D E F G 1 C 2 FV 6,000.00 40,000.00 8.00% 3 i Kate deposits $6,000 at the end of each year at 8% annual effective interest rate that accumulated a future value of $40,000. How long does it take to accumulate this future value? 4 4 n 5 6 7 Use Excel built-in function! 8 9 10 11 12

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