Question: please solve on excel and show formula for final answer. thanks A . B D 1 PV 2 Rate 3 NPER present value interest rate

 please solve on excel and show formula for final answer. thanks

please solve on excel and show formula for final answer. thanks

A . B D 1 PV 2 Rate 3 NPER present value interest rate number of periods payment per period future value beginning of period (1) or end (0) 4 PMT 5 FV 6 Type 7 8 9 10 11 Mike is hoping to spend 18 months on a Greek island programming the great new computer game (and tasting a little ouzo). Mike figures he will need $3,000 per month to live and $800 at the end of the period for transportation home. How much money would Mike need to deposit initially in an account paying 6% interest per year to be able to withdraw $3,000 per month for 18 moths and have $800 left at the end? - From Gips, Ch. 14, p. 273 12 13 14 15

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