Question: Need answer in excel formula form and the actual answer Help Save & Ext Subnm 4 If you deposit $4,000 at the end of each
Help Save & Ext Subnm 4 If you deposit $4,000 at the end of each of the next 20 years into an account paying 9.7 percent interest, how much money will you have in the account in 20 years? How much will you have if you make deposits for 40 years? Annual deposit Number of years Interest rate on annuity Number of years 4,000 9.7% 10 Complete the following analysis. Do not hard code values in your calculations. All answers should be positi Future value for 20 years 14 Future value for 40 years 17 K Prey 4 of 5 Next> earch eB @ Minitab . Untitled Exarm 1 E tra Credit
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