Question: Please show how to solve with excel equations. Know the answer just not how to get it. You plan to retire in 40 years. If

Please show how to solve with excel equations. Know the answer just

Please show how to solve with excel equations. Know the answer just not how to get it.

You plan to retire in 40 years. If you deposit $10,000 at the end of every year into an investment account that is expected to earn 9% per year over the 40 -year period, what would the account balance be at the time when you retire? What if the investment account earns only 4.5% per year? What if the investment account earns only 2.25% per year? If 9%:[10,000PMT,40N,9I/YR,FV]=3,378,824.45 If 4.5\%: [-10,000 PMT, 40N,4.5I/YR,FV]=1,070,303.23 If 2.25\%: [-10,000 PMT, 40N,2.25I/YR,FV]=637,861.76

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