Using excel, use future value and present value to answer these questions

1.Jillian invested $2,000 six years ago at 4.5 percent interest. She spends all of her interest earnings immediately, so she only receives interest on her initial $2,000 investment. How much interest is she earning each year?

2. You are able to invest $100 at the end of 1 year into an investment earning 6%. At the end of year 2, you are going to add $1,000 to this investment and at the end of year 3, you are going to add another $1,000. What will the investment be worth at the end of year 3?