PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS
1.-Osmara Del Toro deposits her life savings working at HoneyBee for $545,000, for when her retirement day arrives in 6 years, 6 months 6 days. The contract stipulates the payment of interest capitalizable quarterly, at a rate of 10.¼ %. What is the amount she will have at the end of the term that will provide welfare in her old age?
Very important Note:It is necessary that you make a solution approach and then the result. Above all, to check the procedure and/or the formulas used, especially when you use excel.
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