Determine how long it will take to accumulate at least $20,000 in a bank account if you deposit $250 initially, $1200 at the end of each year and the account pays 5% annual interest. Highlight the year that this takes place and final amount in your account at that time in yellow and create an XY graph identical to the one shown. You must use formulas and absolute and relative referencing to complete this problem. Make your EXCEL sheet look identical to this one
show formula please, thank you!
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hi, I have attached the pic with the formula.. Let me know if you need any details...
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