Question: Please answer all parts with explanations using Excell Thx P5-7 (similar to) Question Help Future value with periodic rates. Matt Johnson delivers newspapers and is

Please answer all parts with explanations using Excell Thx

P5-7 (similar to) Question Help Future value with periodic rates. Matt Johnson delivers newspapers and is putting away $40 at the end of each quarter from his paper route collections. Matt is 10 years old and will use the money when he goes to college in 8 years. What will be the value of Matt's account in 8 years with his quarterly payments if he is earning 4.5% (APR), 8.5% (APR), or 15% (APR)? What will be the value of Matt's account in 8 years with his quarterly payments if he is earning 4.5% (APR)? (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer P Pearson Copyright @ 2020 Pearson Education Inc. All rights reserved. | Terms of Use | Privacy Policy | Permissions | Contact Us | 10:03
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