Question: solve using excel step by step 5.4 Calculate the future worth of 15 annual $3,000 deposits in a savings account that earns 9% compounded monthly.
5.4 Calculate the future worth of 15 annual $3,000 deposits in a savings account that earns 9% compounded monthly. Assume that all deposits are made at the heginning of each year. (a) $96,010 (b) $99.884 (e) $90,764 Kd) $99.279
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