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Calculate the same problem using the excel spreadsheet

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An investor invested $30,000 in a stock that has averaged a 9% return for 20 years. He/she will also invest $6,000 at the end of each year for 20 years. Calculate the future value and thefuture value of an ordinary annuity and add both answers together. Calculate the same problem using the Excel spreadsheet and the =FV() formula.

Reference no: EM132694373

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