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4. Chapter 5 Problem 5. Rename the Worksheet as Prob 5.5: Generate a Scatter plot for the 11% column in Figure 5.72 Q. Add an
4. Chapter 5 Problem 5. Rename the Worksheet as Prob 5.5: Generate a Scatter plot for the 11% column in Figure 5.72 Q. Add an exponential growth trendline to the chart, then using the Format Trendline dialog box, forecast forward 20 periods (20 more years). By looking at the projected trendline, determine John's approximate nest egg at age 68 if he invests $10,000 at age 18 (assuming he hasn't started spending it). B 1 Compound Amount Factors D H Interest Rate: 69 7% 896 996 3 4 10% 11% Year 0 10 10000 1.7908 B.2012 5.7435 1.0000 1.0000 1.0000 1.0000 1.0000 1 9672 2.1589 2.3674 2.5937 2.8394 3,8692 4.6610 5.6044 6.7275 8.0623 10.0627 13.2677 17.4494 22 8923 20 BO 10 Figure 5.72 Single payment compound amount factors 4. Chapter 5 Problem 5. Rename the Worksheet as Prob 5.5: Generate a Scatter plot for the 11% column in Figure 5.72 Q. Add an exponential growth trendline to the chart, then using the Format Trendline dialog box, forecast forward 20 periods (20 more years). By looking at the projected trendline, determine John's approximate nest egg at age 68 if he invests $10,000 at age 18 (assuming he hasn't started spending it). B 1 Compound Amount Factors D H Interest Rate: 69 7% 896 996 3 4 10% 11% Year 0 10 10000 1.7908 B.2012 5.7435 1.0000 1.0000 1.0000 1.0000 1.0000 1 9672 2.1589 2.3674 2.5937 2.8394 3,8692 4.6610 5.6044 6.7275 8.0623 10.0627 13.2677 17.4494 22 8923 20 BO 10 Figure 5.72 Single payment compound amount factors
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