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17. Which formula in B5 will allow you to determine how many years it will take to quadruple your savings at 11% compounded quarterly? a)NPER(B3/B4,0.-BI,B2)/B4 b) NPER(B3/B4,0-B1,B2) c)NPER(B3 B4,0-BI,B2/B4 d)NPER(B3/B4,0-B2,B1) B4 Present Value 2 Future Value 3 Interest Rate 4 Compounding Frequency 5 Number of Years s 3,000 12,000 11% 18. What solution would you get in cell B36? 3s Variable 4 Variable2 35 Variable 3 36 a) 3.333333 b) 1462.96 c) 123.703 d) -2453.85 e) 7606629.6 833 834-835 833/834 834
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