BUSINESS ANALYTICS

- please help me with scenarios. i need to run 1,000 trials and submit the "year 20 and year 25" balance" im unaware how to run the 1,000 trails

2. Redesign the spreadsheet model to incorporate the random variability of the annual salary growth rate and the annual portfolio growth rate into a simulation model. Assume that Tom is willing to use the annual investment rate that predicted a 20-year, $1,000,000 portfolio in part 1. Show how to simulate Tom's 20-year financial plan. Use results from the simulation model to comment on the uncertainty associated with Tom reaching the 20 year, $1,000,000 goal. \begin{tabular}{|l|l|} \hline 9 & \\ \hline 10 & \\ \hline 11 & \\ \hline 12 & \\ \hline 13 & \\ \hline 14 & \\ \hline 15 & \\ \hline 16 & \\ \hline 17 & \\ \hline 18 & \\ \hline 19 & \\ \hline 20 & \\ \hline 21 & \\ \hline 22 & \\ \hline 23 & \\ \hline 24 & \\ \hline 25 & \\ \hline 26 & \\ \hline 27 & \\ \hline 28 & \\ \hline 29 & \\ \hline 30 & \\ \hline 31 & \\ \hline 32 & \\ \hline 33 & \\ \hline 34 & \\ \hline 35 & \\ \hline 36 & \\ \hline 37 & Trials \\ \hline 38 & \\ \hline 39 & \\ \hline 40 & \\ \hline 41 & \\ \hline 42 & \\ \hline \end{tabular}