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Instructions: Using Financial Formulas in Excel, answer the following time value of money problems in a single Excel worksheet. You can round to the nearest

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Instructions: Using Financial Formulas in Excel, answer the following time value of money problems in a single Excel worksheet. You can round to the nearest dollar. You must turn in your answers in an Excel document. 3. If you wish to accumulate $40,000 in 6 years, how much must you deposit today in an account that pays annual interest rate of 3%, with semi-annual compounding of interest

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