Question: 21 Section 020 Ch Gel X Question 7 - Assignment - Chapt X C Get Homework tion.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fm Maps ter 6 Saved Is Calculating Annuity

 21 Section 020 Ch Gel X Question 7 - Assignment -

21 Section 020 Ch Gel X Question 7 - Assignment - Chapt X C Get Homework tion.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fm Maps ter 6 Saved Is Calculating Annuity Values - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW % Arial 12 AA % Paste BIU- Cells Ed Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font D15 : fx A B D E F G H 4 You want to have $75,000 in your savings account 12 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.8 percent interest, what amount must you deposit each year? 5 6 7 $ Desired amount # of years Interest rate 75,000 12 6.8% 9 10 12 Complete the following analysis. Do not hard code values in your answer answer should be a positive value. 13 14 15 Annual deposit Prev 7 of 11

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