Question: please show me how to do this on excel please!!! thank you!! 16. If invested for 25 years at a constant innual rate. $500 will
16. If invested for 25 years at a constant innual rate. $500 will grow into $2,700. Compounding is done monthly, 1) What is the annual interest rate? 2) How much is the total interest? 3) What percentage of (total interest is due to simple inierest? 4 ) What pereentage of total interest is due to interest from compounding
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