Question: PLEASE PROVIDE STEPS ON HOW TO ANSWER WITHIN EXCEL; EXCEL ONLY. You decide to save $1,403 per year during the next 11 years in order

PLEASE PROVIDE STEPS ON HOW TO ANSWER WITHIN EXCEL; EXCEL ONLY.

You decide to save $1,403 per year during the next 11 years in order to buy a small fishing boat. When you go to your Bank, they promise a 11% rate. You deposit the first payment today. Assuming that the rate is fixed, How much money will you have in that account 11 years from now? Round your answer to the nearest two decimals if necessary. Do not type the \$ symbol

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