Question: Solve the following problems using Excel formula. Also, please show the mathematical formulas you would use to solve questions You would like to buy a

Solve the following problems using Excel formula. Also, please show the mathematical formulas you would use to solve questions You would like to buy a new automobile. You have $50,000 or so, but the car costs $68,500. If you can earn 9 percent, how much do you have to invest today to buy the car in two years?

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Do you have enough?

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