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Please do these in excel and write the formula's used. Thanks! 3) If you invest $10,000 in a bank account paying 5% interest, how much

Please do these in excel and write the formula's used. Thanks!image text in transcribed

3) If you invest $10,000 in a bank account paying 5% interest, how much will you have in the account at the end of year 37 if you make no withdrawals? 4) After 37 years, how much will you have in the account in Question #3 if the interest compounds monthly? 5) What is the effective annual rate (EAR) that you are receiving in Question #4

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