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What are the excel formulas to find the remaining values? 1 3. How many years will it take for $100,000 to grow to be $400,000
What are the excel formulas to find the remaining values?
1 3. How many years will it take for $100,000 to grow to be $400,000 if it is invested in an account with an annual interest rate of 7%? Future value amount(s) Present value amount Time and number of periods (including compounding timing) Interest rate 400000 -100000 note - one of the PV or FV must be negative amount ??? 20.48954 0.07 2 3 4 1. 5 2. 6 3. 7 4. 8 9 10 11 12 13 14 15 16 17 year 100000 1 2 3 4 5 6Step by Step Solution
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