You and your team are launching a tech startup. You need $50,000 in 3 years to get things rolling. If the interest rate is 10%, how much should you invest each year into your startup fund? (A/F)

1. Shortcut Formulations - Enter formula in Excel

2- Using Compounding Table you've build - use only the compounding Factor from Excel

3- Build the amortization table -

4-Vefify using EXCEL functions, PV, FV, PMT, RATE, NPER, NPV