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THE KIDS AGES ARE 6 AND 8. PLEASE SHOW ALL WORK ON EXCEL. I HAVE THE CORRECT ANSWERS GIVEN BY MY PROFESSOR. I ONLY NEED

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THE KIDS AGES ARE 6 AND 8.

PLEASE SHOW ALL WORK ON EXCEL. I HAVE THE CORRECT ANSWERS GIVEN BY MY PROFESSOR. I ONLY NEED TO SEE THE WORK ON EXCEL TO UNDERSTAND IT.

THE ANSWER IS Approximately $12500/year or $1041 /month Approximately $ 12274.4 more if the interest rate was 6% instead of 5%. THIS IS THE CORRECT ANSWER!!!

PLEASE SHOW ALL WORK TO FIND THIS ANSWER. THANKS

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