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You are required to use EXCEL Spreadsheet to answer the following questions. The relevant formulas MUST BE in the cells. If you deposit $ 1

You are required to use EXCEL Spreadsheet to answer the following questions. The
relevant formulas MUST BE in the cells.
If you deposit $150,000 in an account earning 10%, how much would you have in the
account after 3 years?
Assume that you need $10,000 in 3 years. How much do you need to deposit today at a
discount rate of 12% compounded annually?
In 1988 the average tuition for one year at an Ivy League school was $1,800. Thirty
years later, in 2018, the average cost was $13,700. What was the growth rate (r) in tuition
over the 30-year period?
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