Could anyone help solving it, you could upload the answer with excel document
?
PI'DIJIEITI #4: For the following problem, you are to create a Macro using the Record Macro functionality. Assuming that your computer allows Macros, you may have to turn this feature on by using \"Customize Ribbon" to add the \"Developer" tab. Customize Ribbon might be found under \"Options" from a File or Home screen inExcel. NOTE FOR hit-KC USERS Create anExcel sheet with the following headings: A B C D E F G H | Randomized dl Quarterly immediate Talalatlner 2012ars 0.25 {toryou In enter; 5 Time Total with interat Deposit Total Random outcomes 0 {yourinitial deposit) =66+D fortotal afterlvears 0.25 c'forjlou toduh =C?+D? fordierentlandorn rates Dis t'foryou to do: 0.?5 t'foryou todoh 1 c'foryou tonic:- 1.25 t'foryou todob 1,000.00 IIIII-iI .MHOmae-ummnan'uh mmmmm You are to start with an initial deposit of $22,000. Your Total will earn interest each quarter at a rate that will appear in cell C3. At the end of each year, you will put in an additional deposit of: - $1000 at the end ofthe rst year - $2000 at the end ofthe second and so on until you deposit - $20,000 at the end ofyear 20 The \"Total after 20 years\" in cell G3 will be set equal to the cell at the bottom of the table that contains the Total immediately after you deposited that last $20,000. The quarterly compounding interest rate that you will earn will be a random number chosen by Excel in cell C3. In C3 you are to enter: =3.98% + 3%'rand0 The mction \"randO\" selects a random number from a uniform distribution between 0 and l. Hyou press \"recalculate" a few times (F9 on PCs), you should see different possible outcomes appear in cell G3 depending on the quarterly interest rate that the investment realized over those 20' years. You are to create a macro to record 500 random outcomes from cell G3, and save them in a column of cells beginning at GE and going down. Instructions for creating the Macro are here. When you have the 500 outcomes in column G, have excel compute the maximum of those 500 numbers, the minimum, and the median. (a) What is the maximum value that you achieved? {b} 'What is the minimum value that you achieved? {4:} What is the median value that you achieved