Question : Which excel formula used to solve the following problems?
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