Question: please please please show me step by step on how to do these questions on excel!! please and thank you!!! 13. How much invested today
13. How much invested today will grow in the same amount of money in 30 years that $250 invested at the beginning of each year for the next 30 years will grow into given the annual rate of 5% ? 14. We want to have $100,000 in 30 years. Annual rate is 5.26%. 1) How much do we need to invest at the end of each year? 2) How much is the total interest? 3) How much is the simple interest? 4) How much interest results from compounding? 15. We want to have $10,000 in 10 years. Annual rate is 5.25%,1) How much do we need to invest at the beginning of each year? 2) How much is the total interest? 3) How much is the simple interest? 4) How much interest results from compounding
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