Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please answer 6 and 7 !! Use excel please !! 6 lete You want to save the college tuition fees your child will need in
Please answer 6 and 7 !! Use excel please !!
6 lete You want to save the college tuition fees your child will need in ten years by starting with a deposit of $7000 today and depositing another $500 at the end of each year. How much will you have in ten years if you get a rate of return of 4%? Answers (Your answer must be accurate to two decimal places) Mac ut of Check 07 mplete What would be the interest rate on a loan of 59476,97 that you paid off with annual payments of $2,500 at the end of the next five years? M (Express your answer as a percentage accurate to within one decimal place.) doutor Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started