You are to recreate the table above

Question An individual desiring to have $985,000 available for retirement at age 65 The interest is compounded monthly at rates specified below. 1) Assuming 5% compound interest, what amount would you have to save monthly for a newborn to reach the goal? Requirements: You must enter the simple formulas into your spreadsheet to calculate the interest earned each period, the cumulative totals, answers must be basic math (algebraic formulas) Do not use Excel's financial functions for this assignment. Start of Interest Earned This Cumulative Period Deposit Period Total Period Total 1 $ $ $ $ $ $ $ $ $ $ $ $ 2 ZIN ulu