Question: added Bring your 5-year projected budget total forward from the Project Budget and Projection sheet $4,560.00 28 29 6 Sponsorship (invest a fixed amount for

Bring your 5-year projected budget total forward from the Project Budget and Projection sheet $4,560.00 28 29 6 Sponsorship (invest a fixed amount for 5 years with annual compounding) 30 21.1% 8.9% Percentage of your Budget Total to inves 31 Principal amount to invest (P), based on your budget total and the 32 percentage in B31 33 Your APR (1) 34 Number of compoundings per year (n) 35 Number of years (t) 36 Your 5-year sponsorship total 37 38 7 Fundraising (invest monthly donations for 5 years 39 with monthly compounding) 40 Monthly contribution amount (PMT) $30.40 Your APR (1) 10.5% Number of compoundings per year (n) 41 42 43 Number of years (0) Your 5-year fundraising total (Hint: use the "future value of periodic payments" formula in the assignments instructions) 44 8 Loan Payment (determine the monthly payment required for a 5-year loan to cover the remainder of the budget costs) The additional amount you need to cover your 5-year budget costs (P) Your APR (1) 10.7% Number of payments per year (n) Number of years (t) The monthly loan payment (PMT)
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