int for you with a 2. Your generous grandmother ave accumulated at the interest per year, how much will you have at the en Senerous grandmother has just announced that she's opened a savings account for you wi deposit of $10,000. Moreover, she intends to make make nine more similar gifts, at the end of this ve car, etc. If the savings account pays 8% interest, how much will you have accumulated a end of 10 years (1 year after the last gift)? Suggestion: Do this problem two ways, as shown below: (a) take each amount and calculate its value in year 10 (as illustrated in cells C4:C13) and then sum them; (b) use Excel's FV func- con, noting that here the amounts come at the beginning of the year (you'll need to enter l" in the Type option as described in Section 2.1). A B 8.00% 1 Interest rate W NO Year Gift Future value in year 10 21,589.25 0