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I need help solving this using excell; My birthday is July 1- 1994 Your birthday is on the ....... (write your own birthday in your
I need help solving this using excell; My birthday is July 1- 1994
Your birthday is on the ....... (write your own birthday in your excel Sheet). You already have $200,000 in an account that earns 8% per year, compounded monthly. You want to have $1,000,000 in this account on your 35th birthday. a-After how many months will you turn 35 years starting end of Marchlignore days)? b-At what age will you have the 1,000,000 if you put no more money in the account than the $200,000 you already have? C-How much will you have to put each month beginning end of March 2021 and until you turn 35 in order to have the 1,000,000 provided that you have $200,000 that you will continue to save in the same accountStep by Step Solution
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