please answer this question on excel DataWindowExcelFile Edit View Insert Format ToolsInsertPage LayoutFormulasDataReviewViewHomeCalibri (Body)12A ABIU三 |PasteA1: x v fxABC.DGH.3.4810111213141516171819202122232425262728293031323435SheettReady 2.34 What compound interest rate per year is equivalentto a 12% per year simple interest rate over a 15-yearperiod?

Let's assume amount invested is 100 Value of 100 after 15 years if invested at 12% per year simple…

Answered: 34 What compound interest rate per year…

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34 What compound interest rate per year is equivalent to a 12% per year simple interest rate over a 15-year period?

EBK CFIN

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ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 5PROB

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please answer this question on excel

Data
Window
Excel
File Edit View Insert Format Tools
Insert
Page Layout
Formulas
Data
Review
View
Home
Calibri (Body)
12
A A
BIU
三 |
Paste
A1
: x v fx
A
B
C.
D
G
H.
3.
4
8
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Sheett
Ready

2.34 What compound interest rate per year is equivalent
to a 12% per year simple interest rate over a 15-year
period?

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