Using just excel
show the equation in excel please Example [4]- Using Excel Banks 1 and 2 offer you the following deals 1 and 2 respectively: ▪ Deal 1 Invest $2,000 today. At the end of years 1, 2, and 3 get $100, $100, and $500. At the end of year 4, get $2,200 ▪ Deal 2 Invest $2,000 today. At the end of years 1, 2, and 3 get $100, $100, and $100. At the end of year 4, get $2,000 ▪ Which deal is the best?

Q&A Education