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Solve for both parts and I will rate your answer with a thumbs up. Thank you! Q5-RK wants to design spreadsheet format for computing ordinary
Solve for both parts and I will rate your answer with a thumbs up. Thank you!
Q5-RK wants to design spreadsheet format for computing ordinary annuity. RK is thinking to contribute P = $1000 per period up to 5 periods. Annual interest rate is r = 10%. 1. Design a table by hand and then implement your table in Excel with two columns and populate their with values where in the first column you record the Period and in the second column you record the beginning period's principal. Make sure your table clearly shows the analytical and numerical values. (20 pts.) Period Period's Beginning Principal 1 5 2. Design a table by hand and then implement your table in Excel with 4 columns and populate their with values where in the first column you record the Period, in the second column you record the interest payments at the end of the period, in the third column you record the investment, and at the forth column you record the amount in the account at the end of the period. (20 pts.) Period's End Period Interest Investment Amount sum of col. 2 & 3 1 5Step by Step Solution
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