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Can someone please go through step by step on how to do this with excel? Thank you so much. Mario needs to deposit yearly. HELPING
Can someone please go through step by step on how to do this with excel? Thank you so much. Mario needs to deposit yearly.
HELPING MARIO SAVE FOR A CAR Mario wants to buy a $20,000 car in 2 years from today. He plans to open a bank account and to deposit $X today and $X in one year. Balances in the account will earn 8% per annum. How much does Mario need to deposit so that he has $20,000 in 2 years? HELPING MARIO SAVE FOR A CAR: Using Goal Seek Deposit, Interest rate Annual cost of college 0 1 2 8.00% In bank, before deposit Deposit or withdrawal Total at beginning of End of year with year interest FV of all deposits and paymentsStep by Step Solution
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