Question: Show calcualtions using Excel John deposits $1000 in a saving account that which pays 12% per year compounded monthly. Exactly 2 years later, he deposits

 Show calcualtions using Excel John deposits $1000 in a saving account

Show calcualtions using Excel

John deposits $1000 in a saving account that which pays 12% per year compounded monthly. Exactly 2 years later, he deposits $2000 but now the interest rate pays 15% compounded quarterly. One year later, he decides to buy a car and he retires half of the the rest into an account that pays interest at a rate of 12% compounded continuously for a period of 5 years. How much would be in the account at the end of the investment period (t = 8)

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