Question: What numbers do I put in what cell, and what is the final answer? Lucas is wondering if he has enough money to cover his

What numbers do I put in what cell, and what is the final answer?

What numbers do I put in what cell, and what is the

final answer? Lucas is wondering if he has enough money to cover

Lucas is wondering if he has enough money to cover his college tuition for the next four years. Annual tuition is $8,000 (assume this is a negative cash flow) that is due at the beginning of each year with the first payment due today. If Lucas can earn a 2% return on his savings account, how much does he need to have in his account now to cover the cost of tuition? Question 11 rate nper pmt fv type PV

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