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Is there an excel formula to make this easier or less time consuming? Consider a $6,000 deposit earning 9 percent interest per year for 9

Is there an excel formula to make this easier or less time consuming?

Consider a $6,000 deposit earning 9 percent interest per year for 9 years.

What is the future value? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

How much total interest is earned on the original deposit? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

How much is interest earned on interest? (Do not round intermediate calculations and round your final answer to 2 decimal places.)


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