Question: 7. Consider the two accounts below. A B C D E 1 Account #1 Account #2 2 Start $10,000.00 Start $10,000.00 3 After 1 year

7. Consider the two accounts below. A B C D E 1
7. Consider the two accounts below. A B C D E 1 Account #1 Account #2 2 Start $10,000.00 Start $10,000.00 3 After 1 year $10,600.00 After 1 year $10,600.00 4 After 2 years $11,200.00 After 2 years $11,236.00 5 After 3 years $11,800.00 After 3 years $11,910.16 6 After 4 years $12,400.00 After 4 years | $12,624.77 7 After 5 years After 5 years a. What formula could be typed in cell 87 to determine the value in Account 1 after 5 years? b. Determine the amount in Account 1 after 5 years. Assuming the trend continues for each account, write a numerical calculation that will determine the amount in Account 1 after 40 years. d. Determine the amount in Account 1 after 40 years. e. What formula could be typed in cell E7 to determine the value in Account 2 after 5 years? f. Determine the amount in Account 2 after 5 years. g. Assuming the trend continues for each account, write a numerical calculation that will determine the amount in Account 2 after 40 years. h. Determine the amount in Account 2 after 40 years

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