I am having issues with the math. I entered what I thought was correct and was told it was wrong. I looked at the "example solve" provided and concluded I may be over simplifying the decimals. Also, the second half of the question is based on the answer of part a, but it recommends using a spreadsheet. How do I set up the spreadsheet correctly? I have attached a page with the math that I used to solve, where am I going wrong?

Please help me. Thanks!

Your brother has offered to give you $ 190?, starting next?year, and after that growing at 2.8% per year for the next 20 years. You would like to calculate the value of this offer by calculating how much money you would need to deposit in a local bank so that the amount will generate the same cash flows as he is offering you. Your local bank will guarantee a 5.5 % annual interest rate so long as you have money in the account.

a. How much money will you need to deposit into the account?today so that the account will generate the same cash flows as he is offering?you? Rounded to the nearest cent.

b. Assuming you deposited the amount of money in part ?(a?), and then withdrew the required payments each?year, calculate the remaining balance at the end of years?1, 2, 10 and 19.?(Hint: To solve this problem it is best to use an excel?spreadsheet.)??