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Question

Which excel formula is used to solve the following problems?

a. $598 to grow to 7,913.19 at a compound rate of 14 percent ?

a. $1036 grow to 14,673.88 over a period of 9 years?

a. $8000 with a payment of 206.76 per month for' 4 years?

a. $8,159.26 per month for 30 years at 12 percent interest?

a. $248596 with a payment of 3,143.36 for 30 years?

5. How many years will it take to grow

a. $1200 to a value of 4,142.73 at a compound rate of 10 percent ? 13