The finance team is looking at some various CD and savings options to create a sinking fund to pay for a planned facility expansion. They are going to need $175,000 at the end of month 3, $160,000 at the end of month 4 and $120,000 at the end of month 6. Marinette has been working with 2 local banks; the following table outlines their current return on various investments. (Blanks note that that option is not available at that bank.) Return Term (months) Bank 2 0.90% Bank 1 0.84% 1.75% 2.54% 3.72% 1.91% 3.99% 5.44% 7.12% 6.47% The 1-month investments noted in the table above each have a setup fee, Bank 1 has a $400 fee per investment, Bank 2 charges $600. This fee is charged at the beginning of each investment. Create an Excel model to determine the minimum amount put into this sinking fund to meet the required payments. The finance team is looking at some various CD and savings options to create a sinking fund to pay for a planned facility expansion. They are going to need $175,000 at the end of month 3, $160,000 at the end of month 4 and $120,000 at the end of month 6. Marinette has been working with 2 local banks; the following table outlines their current return on various investments. (Blanks note that that option is not available at that bank.) Return Term (months) Bank 2 0.90% Bank 1 0.84% 1.75% 2.54% 3.72% 1.91% 3.99% 5.44% 7.12% 6.47% The 1-month investments noted in the table above each have a setup fee, Bank 1 has a $400 fee per investment, Bank 2 charges $600. This fee is charged at the beginning of each investment. Create an Excel model to determine the minimum amount put into this sinking fund to meet the required payments