Use Microsoft Excel and complete the following 5 questions. You must reference your cells as well as type the formulas correctly. Please follow the PV, FV, PMT, R, N, B/E format as taught in class.

Bud Jett (get it...like budget) has two options for an investment.

a. OPTION 1 - Invest $2,000 per month for 20 years at the beginning of each year and earn 7.5% annually.

b. OPTION 2 - Invest $2,000 per month for 20 years at the end of each year and earn 8% annually.

Calculate both options and select which investment is better for our financial cartoon friend: Bud Jett.