Pls answer 6-8.

Dont use the pervious chart for that the questions use this ine instead.

the information the wuestion is talking sbout is the table in the 3rd pic

6. SAVING at 5\%: Using your answer from Question #4, Provide Table by filling in highlighted cells. How much will you have saved in 5 years if you save 20% of your discretionary spending? How much will you have saved in 50 years if you save 100% of your discretionary spending? What's the difference? Why is it so big? 7. SAVING at 10\%: Using your answer from Question #4, Provide Table by filling in highlighted cells. How-much will you have saved in 5 years if you save 20% of your discretionary spending? How much will you have saved in 50 years if you save 100% of your discretionary spending? What's the difference? Is this difference bigger or smaller than the difference calculated in Question #6? Why? Is this table encouraging or discouraging? Why? 8. DURING CAREER: Suppose that during your career you saved 20% of your $10,000 monthly paycheck (i.e. assume $2,000 of monthly discretionary income in Excel). Suppose you also invested your money at 9% (i.e. assume a 9% interest rate). Provide Table by filling in highlighted cells. How long would it take you to become a millionaire based on your savings? What about if you only saved $1,000 at 6% ? is either plan doable? Why or why not? Monthly Interest Rate Annual Interest Rate (APR) Total Amount of Monthly Discretionary Income: 6. SAVING at 5\%: Using your answer from Question #4, Provide Table by filling in highlighted cells. How much will you have saved in 5 years if you save 20% of your discretionary spending? How much will you have saved in 50 years if you save 100% of your discretionary spending? What's the difference? Why is it so big? 7. SAVING at 10\%: Using your answer from Question #4, Provide Table by filling in highlighted cells. How-much will you have saved in 5 years if you save 20% of your discretionary spending? How much will you have saved in 50 years if you save 100% of your discretionary spending? What's the difference? Is this difference bigger or smaller than the difference calculated in Question #6? Why? Is this table encouraging or discouraging? Why? 8. DURING CAREER: Suppose that during your career you saved 20% of your $10,000 monthly paycheck (i.e. assume $2,000 of monthly discretionary income in Excel). Suppose you also invested your money at 9% (i.e. assume a 9% interest rate). Provide Table by filling in highlighted cells. How long would it take you to become a millionaire based on your savings? What about if you only saved $1,000 at 6% ? is either plan doable? Why or why not? Monthly Interest Rate Annual Interest Rate (APR) Total Amount of Monthly Discretionary Income