bb.wpunj.edu 2018 Full Movie | Sunny Deol Movies-YouTube Take Test: hw ion Completion Status: QUESTION 1 2. Your generous grandmother has just announced that she's opened a savings account for you witha deposit of $10,000. Moreover, she intends to make nine more similar gifts, at the end of this year next year, etc. If thi savings account pays 8% interest, how much . t! y o have accum tre tre end of 10 years (1 ycar after the last gift)? Suggestion: Do this problem two ways, as shown below: (a) take each amount and calculate its future value in year 10 (as illustrated in cells C4 C13) and then sum them; (b) use Excel's FV func- tion, noting that here the amounts come at the beginning of the year (you'l need to enter "" in the Type option as de cribed in Section 2.1). 1 Interest rate Future value Year Git in year 10 10,00021,589 25-84ises10-44) 10,000 210,000 310,000 410,000 5 10,000 10,000 10.00 10,000 9 10,000 12 15 Total (summing C4C13) Refer to the above question: The total future value wil be..? Click Sove and Submit to save and submit. Click Save All Answers to sove oll answers MacBook Pro