in excel spreadsheet please, need help calculating it there 1. Jim makes a...
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in excel spreadsheet please, need help calculating it there 1. Jim makes a deposit of $12,000 in a bank account. The deposit is to earn interest compounded annually at the rate of 6 percent for seven years. a. How much will Jim have on deposit at the end of seven years? (Hint: What is future value?) b. Assuming the deposit earned a 6 percent rate of interest compounded quarterly, how much would he have at the end of seven years
in excel spreadsheet please, need help calculating it there
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