Question: please show excel work Aabbecodee Habb Normal No Spacing Heading 1 Heading 2 TI 5 6 7 8 9 10 11 12 13 14 15

please show excel work please show excel work Aabbecodee Habb Normal No Spacing Heading 1 Heading

Aabbecodee Habb Normal No Spacing Heading 1 Heading 2 TI 5 6 7 8 9 10 11 12 13 14 15 16 17 18 You want to have $35,000 in cash to buy a Tesla Model 3 $35,000 electric car 4 years from today. You assume that 2021 model will have the same price. You expect to earn 2 percent, compounded annually, on your savings. How much do you need to deposit today if this is the only money you save for this purpose? Hint: Use Excel: PV

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