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EM-2, Future Value. Please I need the answer step by step in Excel, including the tables. EM-2 Future Value Hugh Colson deposited $20,000 in a

EM-2, Future Value. Please I need the answer step by step in Excel, including the tables.

image text in transcribed EM-2 Future Value Hugh Colson deposited $20,000 in a special savings account that provides for interest at the annual LO M.2 rate of 12% compounded semiannually if the deposit is maintained for 4 years. Required: Calculate the balance of the savings aceount at the end of the 4-year period

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