Question: Please solve in Excel solutions. Greendale Community College has established a scholarship that will provide awards at the start of every 3 months for the

Please solve in Excel solutions.

Greendale Community College has established a scholarship that will provide awards at the start of every 3 months for the foreseeable future. To fund these, $1,035,000 is being placed in a trust fund earning 4.2% compounded monthly. How much is each scholarship payout? Round to the nearest cent

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