[ALL OF THESE MUST BE DONE IN EXCEL] 1. Future value: Chuck Tomkovick is planning to invest $3,000 today in a mutual fu...

Question

Question

[ALL OF THESE MUST BE DONE IN EXCEL] 1. Future value: Chuck Tomkovick is planning to invest $3,000 today in a mutual fund tha

Answer 1

Answer #1

Future value = Present value x (1+i+n)^nt Future value in 10 years = $53,973.12 25,000 X (1+8%)^(10)

Answer 2

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