Question: Please use excel financial functions to show how to solve the following questions 1) The value of your LeBron James basketball card i n 30
Please use excel financial functions to show how to solve the following questions
1) The value of your LeBron James basketball card i n 30 years if it is worth $20.00 today and appreciates at 9% per year 2) The value of your retirement account in 50 years if you deposit $2,400 each year (end of year) and receive 6% annual interest on your money 3) The value of your retirement account in 50 years if you deposit $200 per month (at the end of the month) for 50 years and receive 6% annual interest on your money, compounded monthly 4) You will need $10,000 for a down payment for a house in 5 years. How much do you need to put in the bank today if you can earn 4% interest, compounded annually (You will just make a one time deposit today and then will not make any additional deposits for the next five years.)
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