You're trying to save to buy a new $20,000 speedboat in 4 years. Assume that there is no inflation and therefore the price of the speed boat will not change. You are going to make 4 deposits into a bank account that pays a 14% interest per year, with first deposit in one year from today. If first, third, and fourth deposits are $8,000, $6,000, and $3,000, respectively, what should be the second deposit? Use Goal Seek to find the second deposit. Make the necessary additions to the spreadsheet and fill the necessary information in the Goal Seek dialog box.

You're trying to save to buy a new $20,000 speedboat in 4 years. Assume that there is no inflation and therefore the price of the speedboat will not change. You are going to make 4 deposits into a bank account that pays a 14% interest per year, with first deposit in one year from today. If first, third, and fourth deposits are $8,000,$6,000, and $3,000, respectively, what should be the second deposit? Use Goal Seek to find the second deposit. Make the necessary additions to the spreadsheet and fill the necessary information in the Goal Seek dialog box. You're trying to save to buy a new $20,000 speedboat in 4 years. Assume that there is no inflation and therefore the price of the speedboat will not change. You are going to make 4 deposits into a bank account that pays a 14% interest per year, with first deposit in one year from today. If first, third, and fourth deposits are $8,000,$6,000, and $3,000, respectively, what should be the second deposit? Use Goal Seek to find the second deposit. Make the necessary additions to the spreadsheet and fill the necessary information in the Goal Seek dialog box