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1.) You are saving for clinic upgrades you would like to make 4 years from now. How much will you have to set aside at
1.) You are saving for clinic upgrades you would like to make 4 years from now. How much will you have to set aside at the end of each year to have $30,000 in 5 years if the interest rate is 7.25% compounded semiannually?
2.) A business manager deposits $2,000 in a savings account at the end of each year for five years, what will be the value of her investment at an annual rate of 6.25% with daily compounding?
please show your work out in excel
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