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If you want to receive $1000 per year at the end of each of the next 8 years from your savings account, and you have

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If you want to receive $1000 per year at the end of each of the next 8 years from your savings account, and you have $6000 now in the account, what APY does your savings generate at least? Write down the Excel function used for this problem ARAT98, 1000, 8000, 0.0.10% SKATEB, 1000,000,00 10W) ORATE96-1000, 6000, 0.01 3 RATES-1000, 6000, 01

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