Your savings will vary as result of monthly deposit amount

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Reference no: EM131963735

You are looking into retirement saving and are trying to figure out how much money you will have saved when you retire if you save $400 per month at 8% interest and work for another 30 years. Create a data table that shows how the future value of your savings will vary as a result of (1) monthly deposit amount and (2) interest rate. Analyze $25 increments from $300/month to $500/month and interest rates at 0.5% increments between 6% and 10% per year. Please assist : we are required to use excel with formula text.

Reference no: EM131963735

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