Question: How do you solve this problem using excel? Please put information in an actual spreadsheet with formulas. Five years from today, you hope to donate

How do you solve this problem using excel? Please put information in an actual spreadsheet with formulas.
Five years from today, you hope to donate $10,000 to the alumni association. Thereafter, you intend for your annual contributions to grow at a rate of 3 percent per year, forever. If you can earn 7 percent per year on your investments, how much must you invest today to fund this donation?

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