Excel Activity: Time value of money calculations. Enter your answers as positive values.

Download spreadsheet Time value of money$-$d$2$af $9b.$xlsx

a$.$ Find the FV of $$1,000$ invested to earn $10\%$ after $6$ years. Round your answer to the nearest cent.

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b$.$ What is the investment's FV at rates of $0\%,6\%,$ and $25\%$ after $0,1,2,3,4,$ and $5$ years? Round your answers to the nearest cent.

$\backslash$table$[[$Year$,$Interest Rate$],[,,6\%,25\%$