Question: Please show work in excel with formulas 7. Jack White just deposited $40,000 in a bank account that pays interest at a rate of 7.8%

Please show work in excel with formulas 7. Jack White just

Please show work in excel with formulas

7. Jack White just deposited $40,000 in a bank account that pays interest at a rate of 7.8% APR, compounded month ly. Jack also plans to contribute another $60,000 to the account one quarter from now and another $30,000 to the account two quarters from now. How much will be in the account three quarters from now? (2.5 pts.)

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