Question: Could you solve these problems with excel formulas? Thanks. Calculate the answers for the below questions in cells C3 to C10 using Excel TVM functions.

Could you solve these problems with excel formulas? Thanks. Calculate the answersfor the below questions in cells C3 to C10 using Excel TVMCould you solve these problems with excel formulas? Thanks.

Calculate the answers for the below questions in cells C3 to C10 using Excel TVM functions. Use AT LEAST ONE of Excel's TVM functions among =PV, =FV, =PMT, =RATE, =NPER, =IPMT, =PPMT, =CUMIPMT, =CUMPRINC to answer each question. New Scenario (Independent): Laura wants to have $935286 in her savings account in 15 years. The interest rate is 8% p.a. compounded monthly from today to the end of year 8 and 8.5% p.a. compounded monthly thereafter. Calculate how much Laura needs to deposit today. New Scenario (Independent): Leah makes a deposit into her savings account today. If Leah wants to double her money in 15 years. Calculate the interest rate p.a. compounded monthly she needs to earn. Calculate the answers for the below questions in cells C3 to C10 using Excel TVM functions. Use AT LEAST ONE of Excel's TVM functions among =PV, =FV, =PMT, =RATE, =NPER, =IPMT, =PPMT, =CUMIPMT, =CUMPRINC to answer each question. New Scenario (Independent): Laura wants to have $935286 in her savings account in 15 years. The interest rate is 8% p.a. compounded monthly from today to the end of year 8 and 8.5% p.a. compounded monthly thereafter. Calculate how much Laura needs to deposit today. New Scenario (Independent): Leah makes a deposit into her savings account today. If Leah wants to double her money in 15 years. Calculate the interest rate p.a. compounded monthly she needs to earn

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