An investor decides to invest $3,000 a year for the next 25 years, starting today, into an account that earns a 5% annual return. How much will the investor in 25 years? [-0.3] The value in cell CB is not correct [-0.1The formula used in cell CB is not correct (-0.1] One or more cell references are missing or incorrect (-0.11 The value in cell CS is not correct [-0.1] The value in cell C6 is not correct (-0.1] The value in cell C7 is not correct Task 2 An Individual purchased land 12 years ago. The price of the land increased at the rate of 2% each year for the past 12 years, and the land would now sell for $35,000. How much did the individual pay for the land 12 years ago? [-0.3] The value in cell FB is not correct (-0.11 The formula used in cell F8 is not correct (-0.11 One or more cell references are missing or incorrect [-0.11 The value in cell F3 is not correct (-0.11 The value in cell F4 is not correct [-0.1The value in cells is not correct [-0.1] The value in cell F6 is not correct (-0.1] The value in cell F7 is not correct Task 3 Today. Li has $900,000 (treat this as a cash inflow in an account that gives an 8% return each year. Li has been investing $7,000 a year at the end of each year for 30 years. How much did Li have in the account 30 years ago? [-0.3] The value in cell C16 is not correct [-0.1] The formula used in cell C16 is not correct (-0.1] One or more cell references are missing or incorrect [-0.1] The value in cell C11 is not correct (-0.1) The value in cell C12 is not correct [-0.1] The value in cell C13 is not correct [-0.1] The value in cell C14 is not correct [-0.1] The value in cell C15 is not correct Task 4 Alex opened an investment account today with an initial investment of $50,000. Alex is going to the invest $8,000 a year for 30 years, starting a year from today. How much will Alex be able to withdraw in 30 years if the investment earns 6% annual interest? (-0.3] The value in cell F16 is not correct [-0.1) formula used in cell F16 is not correct (-0.1] One or more cell references are missing or incorrect [-0.1] The value in cell F11 is not correct [-0.1The value in cell F12 is not correct (-0.11 The value in cell F13 is not correct [-0.1] The value in cell F14 is not correct [-0.1] The value in cell F15 is not correct
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