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Please solve using Excel. Demonstrate procedure. You currently have $10,000 in a bank account that pays an APR of 2%, compounded monthly. You plan to

Please solve using Excel. Demonstrate procedure. image text in transcribed

You currently have $10,000 in a bank account that pays an APR of 2%, compounded monthly. You plan to make additional monthly deposits of $100, starting at the end of this month. How many payments will you have made when your account balance reaches $75,000? Answer N I PV PMT FV Use the appropriate formulas and Excel function to solve the problem (typed-in solutions receive O credit)

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