Question: Can someone show how this would be solved on excel ? Thanks in advance! Attempts 0 Keep the Highest 0/2 10. Problem 28-26 (Reaching a
Can someone show how this would be solved on excel ? Thanks in advance!
Attempts 0 Keep the Highest 0/2 10. Problem 28-26 (Reaching a Financial Goal) eBook Reaching a Financial Goal You need to accumulate $10,000. To do so, you plan to make deposits of $1,750 per year with the first payment being made a year from today - into a bank account that pays 7.5% annual interest. Your last deposit will be less than $1,750 if less is needed to round out to $10,000. How many years will it take you to reach your $10,000 goal? Do not round intermediate calculations. Round your answer up to the nearest whole number. year(s) How large will the last deposit be? Do not round Intermediate calculations. Round your answer to the nearest cent. $ Grade it Now Save & Continue Continue without saving
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