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Calculating annuity present valties - Excel ? - 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in X Calibri % M

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Calculating annuity present valties - Excel ? - 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in X Calibri % M AA 3.A Paste BIU Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles - Styles Clipboard Font . A1 v A c D E F G H - 1 3 Beginning three months from now, you want to be able to withdraw $2,200 each quarter from your bank account to cover college expenses over the next four years. If the account pays.43 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next four years? 4 5 6 7 8 9 Quarterly withdrawal Quarters per year Number of years Interest rate per quarter 2,200 4 4 0.43% 10 11 12 Complete the following analysis. Do not hard code values in your calculations. Your answer should be positive. 13 Amount needed today 14 15 16 17 18 Sheet1 READY 100% Attempt(s)

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