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Brooks_Chapter_3_1. (V2) Project Description: In this problem, you will prepare a portfolio growth model to determine how long it will take a couple to reach
Brooks_Chapter_3_1. (V2) Project Description: In this problem, you will prepare a portfolio growth model to determine how long it will take a couple to reach their retirement goal. Steps to Perform: Step Instructions Points Possible 1 Start Excel. Download and open the workbook named: Brooks_Chapter_3_1_Start. 0 2 In cell D19, by using cell references, calculate the future value of the money market account after one year. Use the Excel FV function. Make absolute references to the account balance in cell D18 and the relevant growth rate from the Given Data section. Note: The output of the function you typed in this cell is expected as a positive number. 1 3 In cell E19, by using cell references, calculate the future value of the government bond mutual fund account after one year. Use the Excel FV function. Make absolute references to the account balance in cell E18 and the relevant growth rate from the Given Data section. Note: The output of the function you typed in this cell is expected as a positive number. 1 4 In cell F19, by using cell references, calculate the future value of the large capital mutual fund account after one year. Use the Excel FV
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