Question: please explain exactly how to enter the formula in cell b12. I only need to answer this question using the excel formula. thank you Format

 please explain exactly how to enter the formula in cell b12.

please explain exactly how to enter the formula in cell b12. I only need to answer this question using the excel formula. thank you

Format Painter Formatting Table N13 1 lfyour daughter wants to eam $215,000 within the next twenty-three years and the salaries grow at 4.45% per year 2 What salary should she start to reach her goal? 1+r 8 Future Value (FV) 9 Interest Rate 0) 10 Number of years (n) 215000 0.0445 23 12 Answer- 13 14 15 Refer to the Solved Example 5 on Page 52 of your text. 16 18 20

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