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10. For your retirement, you have decided to save $200 each month into an account with an APR of 6.5%. If you save for 30
10.
For your retirement, you have decided to save $200 each month into an account with an APR of 6.5%. If you save for 30 years, which formula would you type in Excel to find the total amount in the account?
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=FV(6.5/12,12*30,-200)
=FV(.065/12,12*30,-200)
=FV(.065*12,30/12,-200)
=FV(.065/12,30,-200)
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