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Has to be solved using Excel, how would I input this? Sixteen years ago your parents deposited an amount in your saving account earing 6%
Has to be solved using Excel, how would I input this?
Sixteen years ago your parents deposited an amount in your saving account earing 6% annually, today the balance of this account is $260,000. If the account is expected to continue earning 8% annually, what will the balance be in 5 years?
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