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Could someone help me with putting this in Excel? 1. Compare simple and compound interest (compounded annually) on a principal of $95,500 at an annual

Could someone help me with putting this in Excel?

1. Compare simple and compound interest (compounded annually) on a principal of

$95,500 at an annual rate of 4.25%, for a 10-year period. Fill in the following chart:

End ofSimple InterestTotal Accrued WithCompoundInterestTotal Accrued With

PeriodEarnedSimple InterestEarnedCompound Interest

Per Period

1 year_________________________________________________________

5 years_________________________________________________________

10 years_________________________________________________________

2.Suppose you deposit $250 at the end of every month for the duration of a 30-year

contract in an account paying 4.75% compounded monthly. How much money will

you have at the end of the contract?

n =____________________

i =____________________

Answer:______________________________________

3. If you make a one-time deposit of $22,500 at an annual rate of 3.50% compounded

daily, how much money will you receive in 20 years?

n =____________________

i =____________________

Answer:_______________________________________

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