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2) Use Excel sheet to explain how compounding will work if you are in

A B C
Years Monthly Investment Interest Rate(@10%)
1 500 50
2 550 55
3 605 60.5
4 665.5 66.55
5 732.05 73.205
6 805.255 80.5255
7 885.7805 88.57805
8 974.35855 97.435855
9 1071.794405 107.1794405
10 1178.9738455 117.89738455
11 1296.87123005 129.687123005
12 1426.558353055 142.6558353055
13 1569.2141883605 156.92141883605
14 1726.13560719655 172.613560719655
15 1898.7491679162 189.87491679162
ding will work if you are investing Rs.500/month, @10% for 15 years?

Description value
D Principal Amount 500
Compound Interest Rate of Interest 10%
550 Time in Yearly 15
605
665.5
732.05
805.255
885.7805
974.35855
1071.794405
1178.9738455
1296.87123005
1426.558353055
1569.2141883605
1726.13560719655
1898.7491679162
2088.62408470782
rs?

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