Question: Please answer 6 and 7 !! Use excel please !! 6 lete You want to save the college tuition fees your child will need in
6 lete You want to save the college tuition fees your child will need in ten years by starting with a deposit of $7000 today and depositing another $500 at the end of each year. How much will you have in ten years if you get a rate of return of 4%? Answers (Your answer must be accurate to two decimal places) Mac ut of Check 07 mplete What would be the interest rate on a loan of 59476,97 that you paid off with annual payments of $2,500 at the end of the next five years? M (Express your answer as a percentage accurate to within one decimal place.) doutor
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
