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3 ed of of year D E 1 Savings account Balance New beginning interest deposit and Balance end 2 Year at 6pa of year of month 3 1 $10,000.00 $ 600.00 $10,000.00 $ 20,600,00 4 2 $20,600.00 $ 103.00 $10,0

3 ed of of year D E 1 Savings account Balance New beginning interest deposit and Balance end 2 Year at 6pa of year of month 3 1 $10,000.00 $ 600.00 $10,000.00 $ 20,600,00 4 2 $20,600.00 $ 103.00 $10,000.00 $ 30,703.00 5 $30,703.00 $ 153,52 $10,000.00 $ 40,856.32 6 4 $40,856,52 $ 204,28 $10,000.00 $ 51,060.80 2 5 $51,060.80 $255.30 $10,000.00 $ 61,316.10 $61,316.10 106.585 10,000.00 $ 71,622.66 9 2 $71,622.685 358.11 $10,000.00 $81,980.80 10 8 $81.380,50 S 409.90 $10,000.00 $ 92,390.70 11 $92,390.70 461.95 $10,000.00 $ 102,852.65 Refer to the above screenshot relating to a savings schedule. To calculate the total interest paid up to the end of year 5, we are best to use: Select one: a. CUMIPMT(0.06,9,10000,1,5,0) b. SUM(C3:07) C. CUMIPMT(0.06,10,0,0,51) d. =PMT(0.06, A$11,-83) G O% C G Search or type URL

Apr 14 2021 View more View Less

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