Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please show the excel formula, to formulate 30% of the principle balabce $19,636.95. Also are may calculations using tge attached formula correct for the 5
Please show the excel formula, to formulate 30% of the principle balabce $19,636.95. Also are may calculations using tge attached formula correct for the 5 year total? Thank You
Total in 5 years 9 10 =B1*(1+C5/C6)^(C6*07) A B C D Budget Total: $19,636.95 Sponsorship Invest 30% of budget balance for 5 years Principal r = APR n=# periods per year t=# of years Total in 5 years 0.15% https://smarta 12 5 $19,784.21 Like Topic 6 DQ 1 U Excel formula required 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