the steps involved with solving the question, thank you!

In 20 years, you would like to have $250,000 to buy a vacation home. If you have only $30,000, at what rate must it be compounded annually for it to grow to $250,000 in 20 years? Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the green cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. Requirements 1 Start Excel. In cell D10, by using cell references and the Excel RATE function, calculate at what annual interest rate investment must be compounded annually. Assume that all interest payments are made at the end of the period, so omit the [type] 2 parameter. Note: Do not enter any value for the Guess argument of the Excel RATE function. (1 pt.) 3 Save the workbook. Close the workbook and then exit Excel. Submit the workbook as directed