Question: Macy opens a savings account with $ 3 , 5 0 0 . She then continues depositing $ 1 , 2 0 0 every quarter.
Macy opens a savings account with $ She then continues depositing $ every quarter. How much will she have saved at the end of years if the account pays interest at an APR of compounded:
a times a year?
b times a year?
c times a year?
I need to know how to set this up and solve in excel, so plese show step by step including formulas in excel. Screenshots would be very helpful.
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