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please compute using Excel 6. A. Suppose you want to buy a $225,000 Ferrari nine year from now. If you can earn 12%, how much

please compute using Excel image text in transcribed
6. A. Suppose you want to buy a $225,000 Ferrari nine year from now. If you can earn 12%, how much must you invest today in order to purchase the Ferrari nine years from now? B. Instead of setting aside a lump payment today, what how much would you have to deposit on a monthly basis if you make your first payment today

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