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Instructions: Compute and show work on excel You plan to put $10,000 in a savings plan for 3 years. How much will you have at
Instructions: Compute and show work on excel
You plan to put $10,000 in a savings plan for 3 years. How much will you have at the end of 3 years with each of the following options?
- Receive 9% APR, compounded daily. (2 marks)
- Receive 9% APR, compounded monthly. (2 marks)
- Receive 9.2% APR, compounded semi-annually. (2 marks)
- Receive 9.4% APR, compounded annually. (2 marks)
- Presentation. (2 marks)
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