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  3. 1 a b c d e f spartan credit bank is offering 8.3

1 A B C D E F Spartan Credit Bank is offering 8.3 percent...

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Question

Accounting

1
A
B
C
D
E
F
Spartan Credit Bank is offering 8.3 percent compounded daily on its savings
2 accounts. If you deposit $7,500 today, how much will you have in the account in 5 years? In 10 years? In 20 years?
3
Input area:
APR
8.30%
Compounding periods per year
Deposit
365
Number of years
Number of years
Number of years
$7,500
9
10
-
12
Number of years 20
(Use cells A6 to B11 from the given information to complete this question. Your answ
Output area:
\table[[Future value in 5 years,],[Future value in 10 years,],[Future value in 20 years,]]
Students: The scratchpad area is for you to do any additional work you need to solve this question Nothing in this area will be graded, but it will be submitted with your assignment.
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