Question: Calculate the following using the appropriate functions in Excel .please Karl is saving for an Australian vacation in 3 years. He estimates he will need

Calculate the following using the appropriate functions in Excel .please

Karl is saving for an Australian vacation in 3 years. He estimates he will need $5,000 to cover his airfare and expenses for a week. If he invests in a fund that is expected to earn an average annual return of 10.3% over the next 3 years, how much will he have to save at the end of every year to reach his goal?

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