i need these formulas for this excel problem.

the Problem states 3. In the Investment worksheet, you will be calculating the monthly balance of a persons investments over a 30 year period. So, you will enter the formulas for each investment vehicle in the first row (row 7). You then will autofill those down for 359 more cells. These 360 total cells represent every month of this persons investments over 30 years. Follow each of the steps below

Manually enter a formula that will calculate the balance of the IRA investment in B7. To do this, take the previous balance, add the contribution, then add the earned interest for the month (which is the balance times the interest rate divided by 12). One additional aspect is that you have decided to have a maximum amount for your investments. For this investment, it is the amount in B3 ($10,000). You should adjust your formula to account for this by having an IF function that stops adding the monthly contribution once the current balance exceeds the maximum amount. It should still add the interest though. Once this is done, autofill the formula downwards (down column B) until you have reached 360 total balance listings.

The formula for the next two investments will have the same core (previous balance plus contribution plus interest). A significant difference though is that there are now four possible calculations instead of two. You still have the maximum balance situation but you also will be adding the payment from the previous investment once that balance has reached its own maximum. The 2x2 set of possibilities would be as follows

o Situation 1: balance is not maxed out & no extra payment from the previous investment

o Situation 2: balance is maxed out & no extra payment from the previous investment

o Situation 3: balance is not maxed out & an extra payment from the previous investment

o Situation 4: balance is maxed out & an extra payment from the previous investment

So, you would have four IF statements that address each of these situations and has an appropriate formula for each (not having or having a contribution depending on the balance being maxed out AND not having or having an extra contribution if the previous investment(s) have been maxed out)

The final investment (the 401k) does not have a max amount so it only has two possible situations: extra contributions or not. You should only check the second to last investment (the savings) and if it has been maxed out, you should add ALL of the contributions from all three prior investments.

With all the formulas entered and autofilled, you need to then autofill the date (column A) down for the entire 360 month rows. Each row should represent a month so each date should be one month advanced from the previous cell. Then, enter a SUM function in cell G6 and autofill that down to where the investment contributions end.

The final total at the end (2/1/2050) should be $2,351,041.86

i need all the formulas especials Columns E and G below is what the correct answers should

be i just need the formulas!!!

i had someone answer my question and it was correct he answered the excel with these formulas but it was cut off at the end i need the 401k and the total investment. Thats my question

7.90% Fuled Growth Monthly Contributi Max Race Sa. 1000000 $1.156.00 $160.00 .00000 S $ 40.000. 00 0 N/A Date IRA Savings Roth 4011 Total Investment 1 616.00 1/1/2020 S 4/1/2020 $ 5/1/2020 S 6/1/2020 S 7/1/2020 1/1/2020 S 9/1/2020 S 10/1/2020 S 11/1/2020 S 12/1/2020 S 1/1/2021 S 2/1/20215 1/1/2021 S 4/1/2021 5/1/2021 S 6/1/20215 7/1/2021 S 1/1/2021 $ 9/1/2021 S 10/1/20215 11/1/2021 S 12/1/20215 50.00 $ 100.25 $ 150.74 $ 2014 252.47 $ 301.71 $ 255.21 $ 406.95 $ 458.95 $ $11.21 567.72 $ 616.49 $ 2 $ 722.42 $ 7737 110 19 $ 84.27 $ 938.625 993.23 $ 125 250.00 $ 501.65 $ 754.95 $ 1,009.) 1,266.57 $ 1.524.91 S 1,744.545 2,046.20 2,110.17 S 2.595.385 2,1423) 1,111.04 $ 1,181.5) 5 1.651.70 S 1,027.345 4,201.05 4,481.375 4,780.85 02225 5,125.41 5,610.47 16000 32055 480.76 S 64155 80254 S 963815 1,1251) S 1,267 12 S 1.449.15 S 1,611 45 $ 1,77400S 1,936.01 $ 2,099.85 2.263.205 2,426.785 2.590.6) 2.754.7) 2.000.00 3,003715 3.248 99 $ 3.41 $ 1196.00 2.119.90 2.401.75 4.671.61 5.859 53 7.055 50 259.79 9.472 23 10.692.95 11,92205 11.199.49 14 405 42 15.659.85 16.922 85 11 19.41.81 20,75191 22.0519 21.168.55 24. 64 26.000 pet 4878,20 6524 53 101.11 9.848.00 11.525.27 12.212.99 14 911.23 16 620.06 18.339.55 20 069,76 21.810.78 21 562.67 25.325.50 27.01. 28 34.28 10 600.18 32.487.71 ML106.16 16 116.19 situation not maxed out and no extra panyes situation maxed out and no extra paymenino situation not maxed out and extra paymer yes situation maxed out and extra payment no res M y contribution 0 0 L ES SEVES 224 2256700253734 SESS ORTINO //2020 355.2002 1792 1125334627 2:10 2513 303 511 6 137 1 16 IS1939 //2021 77857065 3327425 2426.736 SL 2/1/2021 83016706 4203.69954 2590.62578 1030 7.90% Fuled Growth Monthly Contributi Max Race Sa. 1000000 $1.156.00 $160.00 .00000 S $ 40.000. 00 0 N/A Date IRA Savings Roth 4011 Total Investment 1 616.00 1/1/2020 S 4/1/2020 $ 5/1/2020 S 6/1/2020 S 7/1/2020 1/1/2020 S 9/1/2020 S 10/1/2020 S 11/1/2020 S 12/1/2020 S 1/1/2021 S 2/1/20215 1/1/2021 S 4/1/2021 5/1/2021 S 6/1/20215 7/1/2021 S 1/1/2021 $ 9/1/2021 S 10/1/20215 11/1/2021 S 12/1/20215 50.00 $ 100.25 $ 150.74 $ 2014 252.47 $ 301.71 $ 255.21 $ 406.95 $ 458.95 $ $11.21 567.72 $ 616.49 $ 2 $ 722.42 $ 7737 110 19 $ 84.27 $ 938.625 993.23 $ 125 250.00 $ 501.65 $ 754.95 $ 1,009.) 1,266.57 $ 1.524.91 S 1,744.545 2,046.20 2,110.17 S 2.595.385 2,1423) 1,111.04 $ 1,181.5) 5 1.651.70 S 1,027.345 4,201.05 4,481.375 4,780.85 02225 5,125.41 5,610.47 16000 32055 480.76 S 64155 80254 S 963815 1,1251) S 1,267 12 S 1.449.15 S 1,611 45 $ 1,77400S 1,936.01 $ 2,099.85 2.263.205 2,426.785 2.590.6) 2.754.7) 2.000.00 3,003715 3.248 99 $ 3.41 $ 1196.00 2.119.90 2.401.75 4.671.61 5.859 53 7.055 50 259.79 9.472 23 10.692.95 11,92205 11.199.49 14 405 42 15.659.85 16.922 85 11 19.41.81 20,75191 22.0519 21.168.55 24. 64 26.000 pet 4878,20 6524 53 101.11 9.848.00 11.525.27 12.212.99 14 911.23 16 620.06 18.339.55 20 069,76 21.810.78 21 562.67 25.325.50 27.01. 28 34.28 10 600.18 32.487.71 ML106.16 16 116.19 situation not maxed out and no extra panyes situation maxed out and no extra paymenino situation not maxed out and extra paymer yes situation maxed out and extra payment no res M y contribution 0 0 L ES SEVES 224 2256700253734 SESS ORTINO //2020 355.2002 1792 1125334627 2:10 2513 303 511 6 137 1 16 IS1939 //2021 77857065 3327425 2426.736 SL 2/1/2021 83016706 4203.69954 2590.62578 1030