provide Excel formulas

8 Problems 10 01. You have been told that you need Sx today in order to have $100,000 when you retire 25 years from now. The annual interest rate is 6% on average. Computer 11 Answer 02. You plan to make a $50,000 contribution to your individust retirement account, or a percent per year on average, compute how much it will be worth if you devenit it tot 30 years 14 13 16 Answer Q. Hopet 01-07, when the interest rate is being componded every SIX MONTHS [OC SEMIANNUALLY) 1a 19 20 21 02 Answer 04. Erica is purchasing a financial instrument that will pay $5,000 a year for seven years, at the end of every year. How much should she pay for this investment today if she wishes to earn a 13 percent rate of return? Answer SARARE 05. Repeat Os, when you are committed to making contributions at the beginning of every year Antwer