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Please show the formula, break down, and explain how you got each answer 2. (15 pts.) Make an Excel spreadsheet (sheet 2, renamed as FVA)

Please show the formula, break down, and explain how you got each answer image text in transcribed
2. (15 pts.) Make an Excel spreadsheet (sheet 2, renamed as FVA) which a label across the top of "monthly contributions are columns, length of months are rows, table assumes 7% APR. Then have columns headed with "$50, $100, $150," "$200," etc., up to and including $1,000. Also have corresponding rows labelled 10 months, 20 months, 30 months, etc., up to and including 400 months. Fill the table with the resulting ending balance amounts, so the top-left table amount is the account balance the moment after making the 10h deposit of $50 into an account growing at 7% APR compounded monthly

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