Question: In excel, build a spreadsheet model for the combined scenario of a repeating savings plan which ends after a certain time (t1), however the final

In excel, build a spreadsheet model for the combined scenario of a repeating savings plan which ends after a certain time (t1), however the final value funds (F) accrued remain in the account and continue to grow at compound interest for an additional time (t2). Using your model, solve HW FM-4 problem #3

5) Suppose $600 is deposited at the end of each month into an account earning 10% interest compounded monthly. After 8 years the deposits are discontinued, but the money is left in the account and continues to earn the same interest. How much will be in the account 15 years after it was first opened

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