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Hello I need help with this. Please answer this question with the formulas and excel function only!! I dont need the solutions for the answers
Hello I need help with this. Please answer this question with the formulas and excel function only!! I dont need the solutions for the answers I just need the appropriate formulas and excel function to solve the problem blow. Please show all work. I need to see what formulas and excel function I need to use to solve for this problem. Please use excel so I can set it up on my end also thanks !
FINA314-ExcelAssignment-Fall2018 . File Home Insert Draw Page LayoutFormulas Data Review View Help Tell me C16 You currently have S4,000 in a bank account that pays a nominal rate of 1%, compounded monthly. You plan to make additional monthly deposits of $200, starting at the end of this month. How many 1 will you have made when your account balance reaches $50,000? Use the appropriate formulas and Excel function to solve the problem (typed-in solutions receive O credit). 4 N 6 PV 7 PMT 8 FV 9 10 12 13 14 15 16 Question 2 Question 3 Question 4 Que 100% 4 11:05 AM 11/15/2018 Ready Step by Step Solution
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