Question: PLEASEEEE help me and show me how to do this on excel!! please!! thank you!! 11. You invest $1,000 at the end of each year

PLEASEEEE help me and show me how to do this on excel!! please!! thank you!!
PLEASEEEE help me and show me how to do this on excel!!

11. You invest $1,000 at the end of each year for the next 25 years at the annual rate of 4%. 1) How much money will you have at the end? 2) How much is the total interest? 3) What percentage of total interest is due to simple interest? 4) What percentage of total interest is due to interest from compounding

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

IN THE MATTER OF AN INTEREST ARBITRATION BETWEEN: OPSEU (On behalf of the College Academic Employees) and The College Employer Council Before: William Kaplan Sole Arbitrator Appearances For the CEC :...

Q:

IN THE MATTER OF AN INTEREST ARBITRATION BETWEEN: OPSEU (On behalf of the College Academic Employees) and The College Employer Council Before: William Kaplan Sole Arbitrator Appearances For the CEC :...

Q:

IN THE MATTER OF AN INTEREST ARBITRATION BETWEEN:- OPSEU (On behalf of the College Academic Employees) and The College Employer Council Before: William Kaplan Sole Arbitrator Appearances For the CEC...

Q:

IN THE MATTER OF AN INTEREST ARBITRATION BETWEEN:-- OPSEU (On behalf of the College Academic Employees) and The College Employer Council Before: William Kaplan Sole Arbitrator Appearances For the CEC...

Q:

IN THE MATTER OF AN INTEREST ARBITRATION BETWEEN:- OPSEU (On behalf of the College Academic Employees) and The College Employer Council Before: William Kaplan Sole Arbitrator Appearances For the CEC...

Q:

IN THE MATTER OF AN INTEREST ARBITRATION BETWEEN:- OPSEU (On behalf of the College Academic Employees) and The College Employer Council Before: William Kaplan Sole Arbitrator Appearances For the CEC...

Q:

help me solve this please. Thank you How much money will you have in 25 years if you invest $100 at the beginning of each month at 6.2 percent interest rate being compounded semi-annually? (Round to...

Q:

PLEASE COMPLETE NO LATER THAN 11/04 @8am Each question(1,2,& 3) must be a minimum of 200 words. Please EXPLAIN answers in FULL detail and make answers knowledgeable based off the attached reading,...

Q:

PLEASE help me with this question with detailed explanation , write about 600-700 words I know the case is pretty long but please help me with this, i will 100% give u a like. Question: What do you...

Q:

Directions for Problem #4 in Excel The goal of this problem is to have you: Use Excel to generate the future value of each of the various investments made over the course of the 25 years. Use Excel...

Q:

FACTS: Vanpop Inc. reported income from continuing operations before taxes during 20Y4 of $430,000. Additional 742-4=10,000 transactions occurring during 2014, but not included in the $430,000 are as...

Q:

1. A firm with decreasing returns to scale would see: constant long-run marginal costs. increasing long-run marginal costs. More information is necessary to determine the answer. decreasing long-run...

Q:

However, if industrial production actually grows \ ( 5 \ % \ ) and interest rates drop \ ( 2 \ % \ ) , what is your best guess of the stock's return? Multiple Choice 1 3 . 2 0 \ % 1 5 . 9 0 \ % 1 2 ....

Q:

Draw a class diagram and its relationship based on the following statements. You can use any UML tool/software to represent your class diagram. Do NOT copy and paste your diagram, use the attachment...