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How to calculate it by excel formula? thanks Paste BIU- - Alignment Number Cells 07 Conditional Format as Cell Formatting Table Styles Styles Editing Clipboard
How to calculate it by excel formula? thanks
Paste BIU- - Alignment Number Cells 07 Conditional Format as Cell Formatting Table Styles Styles Editing Clipboard Font D16 : fx . B E F G H 1 2 3 Fowler Credit Bank is offering 6.7 percent compounded daily on its savings accounts. If you deposit $7,000 today, how much will you have in the account in 5 years? In 10 years? In 20 years? 4 5 6 7 8 $ Interest rate Times compounded per year Deposit Number of years Number of years Number of years 6.70% 365 7,000 5 10 20 9 10 11 12 13 14 Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. 15 16 Value in 5 years 17 18 Value in 10 years 19 20 Value in 20 years Sheet1 + # I 1000 READY Attempt(s) 10/10 Show MeStep by Step Solution
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