Question: must use excel, please show work and equations Nike has committed to fight climate change by adopting entirely renewable energy by 2025. Let us assume

 must use excel, please show work and equations Nike has committed

must use excel, please show work and equations

Nike has committed to fight climate change by adopting entirely renewable energy by 2025. Let us assume that all of a sudden starting in 2025 Nike will no longer consume nonrenewable energy. However, from 2020 to 2024 Nike has promised to pay $1 for every KWH consumed. Currently, Nike uses 934,172 KWH. and they expect energy consumption to rise at 3%. Nike's MARR for this project is 10%. How much should Nike have in the bank today to pay for the energy consumption tax it has imposed on itself? Round to two decimal places

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