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a . Andrea wants to know how much money she will have in 6 years if she deposits her $ 9 0 0 tax refund
a Andrea wants to know how much money she will have in years if she deposits her $ tax refund now and then deposits an additional $ per month in her account that pays an APR of compounded monthly. Use Excel to determine how much money will Andrea have in the account in years?
$
b If Andrea changes her mind and decides that instead of setting aside $ per month she wants to know how much she will have to deposit each month to save up a total of $ we can use goal seek to find the value for PMT which yields $ at the end of years. How much money will Andrea need to deposit per month?
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