Bill wants to save for his son’s college expenses. He knows what tuition will cost in 18 years and knows the interest rate on the bank account. What he doesn’t know is how much to deposit each month to save enough for his son’s college expenses. Which Excel formula would you use?

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00019647leilani 00019647leilani

06-11-2022
Mathematics

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Bill wants to save for his son’s college expenses. He knows what tuition will cost in 18 years and knows the interest rate on the bank account. What he doesn’t know is how much to deposit each month to save enough for his son’s college expenses. Which Excel formula would you use?

Sagot :

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