Question: please answer this question on excel 2.35 To make CDs look more attractive than they really are, some banks advertise that their rates are higher

please answer this question on excel

higher than their competitors', but the fine print. says that the rate

2.35 To make CDs look more attractive than they really are, some banks advertise that their rates are higher than their competitors', but the fine print. says that the rate is a simple interest rate. If a person deposits $10,000 at 10% per year simple interest, what compound interest rate would yield the same amount of money in 3 years? Format Tools Data Window Excel File Edit View Insert Data Review Insert Formulas View Home Page Layout X Calibri (Body) 12 == GA- Paste BU A1 x V fx B C D G H 1 NO 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 23 29 30 31 32 33 34 35 Sheet Ready

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