Answered step by step
Verified Expert Solution
Link Copied!

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
image text in transcribed
image text in transcribed
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

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,

9th Edition

978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062

Students also viewed these Finance questions

Question

Please help me evaluate this integral. 8 2 2 v - v

Answered: 1 week ago