Question: please show how to get FV in excel, will like answer Suppose a husband wants to take his wife on a trip three years from

please show how to get FV in excel, will like answer

Suppose a husband wants to take his wife on a trip three years from now to Europe to celebrate their 40 th anniversary. He has just received a $25,500 inheritance from an uncle and intends to invest it for the trip. The husband estimates the trip will cost $32,130. What interest rate, compounded annually, must be earned to accumulate enough to pay for the trip? Note: Use tables, Excel, or a financial calculator. Do not round your intermediate values. Enter your answer rounded to the nearest whole percentage. (EV of \$1. PV of \$1, FVA of \$1. PVA of \$1. EVAD of \$1 and PVAD of \$1)

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