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Can I get help with these questions? This must be done on Excel, thank you 2) The price ofa certain brand of wine has increased

Can I get help with these questions?

This must be done on Excel, thank you

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2) The price ofa certain brand of wine has increased on average about 4.5% per year for the last ten years. Suppose 10 years ago a bottle of this wine coast $5.50. Create a chart in Excel with one column yea rs from 2010 and the other column the price of wine in the that year. Make sure the table in Excel goes out at least 10 years. A friend of yours comments that the bottle of wine has increased exactly 45% in the last ten years since 4.5% times 10 is 45%? Is it true that the price of wine has increased 45%? If it has not what is the actual percentage increase? 3) Suppose you want to have 520000 in five years You can get 5% compounded monthly in a n account at your local financial institution a. What single amount would you need to invest now to have $20000 in five years? b What amount would you need to invest each month to have 520000 in five years? c. What is the APY on this account? d If in Part in after the 2nd year you increase your deposit by $50 per month, how much faster will you reach your goal of 520000

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