Use Excel to solve each of the following problems. This doesn't have to be fancy, just a cell for each of the input values, and then the function for the solution. Assume ordinary annuities unless the problem states beginning of period payments (annuity due).

You want to set up a savings plan for a trip to China. You have $1000.00 to start with and plan to invest $100.00 at the beginning of each month for the next 3 years. You can earn 5% annual interest on your savings, compounded monthly. How much will you have in 3 years?