Question: Please solve with excel and show steps. You are cosidering your retirement plans. You would like to buy a NICE RV and see the country.

Please solve with excel and show steps. You are cosidering your retirement plans. You would like to buy a NICE RV and see the country. This will cost $

281, 000

You have $

37, 000

to open the account and you will deposit $

685

at the end of each month.

If you wish to retire in

15

years, what yearly rate will you need in the market for this to work? YEARLY RATE

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