Question: please show formulas using excel 15. You have your choice of two investment accounts. Investment A is a 13-year annuity that features end-of-month $1,100 payments

please show formulas using excel

15. You have your choice of two investment accounts. Investment A is a 13-year annuity that features end-of-month $1,100 payments and has an interest rate of 6.7 percent compounded monthly. Investment B is a lump-sum investment with an interest rate of 6.2 percent compounded continuously, also good for 13 years. How much money would you need to invest in B today for it to be worth as much as Investment A 13 years from now? 1

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