Question: Use Excel to answer this question: Assume that you are going to make 4 2 annual contributions into your retirement plan, staring today. The first

Use Excel to answer this question: Assume that you are going to make 42 annual contributions into your retirement plan, staring today. The first annual contribution is $10,000, but your contributions then grow at 6% each year. What is the future value (FV) of these 42 contributions (note: at the end of year 41), if the discount rate is 7%?
$5,587,224.11
$5,776,223.15
$4,990,438.33
$5,325,769.78
 Use Excel to answer this question: Assume that you are going

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