Question: How to solve these on excel using (I,N,PMT,PV,FV) format. - How much do you need to save every six months if you already have $3,000
How to solve these on excel using (I,N,PMT,PV,FV) format.
- How much do you need to save every six months if you already have $3,000 but you need $20,000 in 2 years? You can earn an annual rate of return of 8%.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
