This is MAT-144 College math at Grand Canyon University, Phoenix, Arizona major assignment 2 MAT-144 Working with formulas and formatting 20200708 OBJECTIVE: For this DQ, it is to practice creating Excel formulas from symbolic formulas and formatting cells. The formulas here are all ones you will be using in this class. For each of the symbolic formulas given below in Excel format, you will identify inputs from an example statement and apply the formula in Excel, using appropriate cell references. Your entries should be text, numeric, or formulas as indicated by the color-coding in the spreadsheet. Problem 1. Compound interest formula A(t)=P*(1 r/n)^(n*t) If an initial amount P grows at an annual rate r with n compoundings per year, then the value A(t) of that amount after t years is given by the right-hand side of the formula Problem 2. Future value of Periodic payments A(t)=P*((1 r/n)^(n*t)-1)/(r/n) If an amount P is contributed at the end of each of n periods per year and the balance earns interest at an annual percentage rate of r, the total amount A accrued after t year is given by the right -hand side of the formula (sample problem an amount of $250