Question: Problem 6 - 1 7 Calculating Future Values. Calculating future values - Excel FILE Paste S Clipboard 016 Atte m HOME Arial INSERT PAGE LAYOUT
Calculating future values - Excel FILE Paste S Clipboard 016 Atte m HOME Arial INSERT PAGE LAYOUT FORMULAS DATA Conditional Formatting REVIEW VIEW Sign In Alignment Number Format as Cell Table Styles Styles Cells Editing Fowler Credit Bank is offering 6.7 percent compounded daily on its savings accounts. If you deposit $7 ,000 today, how much will you have in the account in 5 years? In 10 ears? In 20 ears? Interest rate Times compounded per year Deposit Number of years Number of years Number of years 365 7,000 5 10 20 Complete the following analysis. Do not hard code values in your calculations. All answers should be ositive. Value in 5 ears Value in 10 Value in 20 Sheetl ears ears
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