Question: Explain using excel, step by step please COMPOUND INTEREST: Annual and parts of the year 1. Find the amount and compound interest of $75,520 at

Explain using excel, step by step please

COMPOUND INTEREST: Annual and parts of the year

1. Find the amount and compound interest of $75,520 at 5 1/8% for a period of 10 years calculated: to. annually b. semi-annually c. quarterly basis d. monthly and. continually 2. How much money do you need to deposit in your investment account to have $100,000 after twenty-five years at 5.45% interest calculated annually?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!