Question: how do i do the formula for this problem in excel? You want to have $75,000 in your savings account 12 years from now, and
how do i do the formula for this problem in excel?
You want to have $75,000 in your savings account 12 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.8 percent interest, what amount must you deposit each year? $ 75,000 Desired amount # of years Interest rate 1 6.8% Complete the following analysis. Do not hard code values in your answers. Your answer should be a positive value. Annual deposit
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