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Using excel formulas!!!!!! For each of the following, compute the future value: (Your answers should be positive values.) begin{tabular}{|rrrr|} hline 5 & Present value &

Using excel formulas!!!!!!image text in transcribed

For each of the following, compute the future value: (Your answers should be positive values.) \begin{tabular}{|rrrr|} \hline 5 & Present value & Years & \multicolumn{2}{c|}{ Interest rate } & Future value \\ \hline 5 & $2,597 & 11 & 13% \\ 7 & $7,834 & 7 & 9% \\ 8 & $81,286 & 14 & 12% \\ $213,612 & 16 & 6% \\ \hline \end{tabular} Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your Nothing in this area will be graded, but it will be submitted with your assignment

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