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Please Show Excel formulas Bonus- Problem 13 (10 points): The future worth in year 8 for the cash flows shown is $22,000. At an interest

image text in transcribedPlease Show Excel formulas

Bonus- Problem 13 (10 points): The future worth in year 8 for the cash flows shown is $22,000. At an interest rate of 7% per year, what is the value, x, of the cash flow in year 4? Hint: What is the assumed annual worth in year 4? 0 2 3 4 7 8 1000 1200 1400 1800 2000 2200 2400 Solution

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