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Please show me the work in the assigned cells. Thank you

1 If you have $500 and you increase it six times in five years what is the return rate you operate? 2 Use your formula to find your return rate in B2 3 Validate the finding in B2 by evaluating the Future value in E3 4 Use the time formula with the above information to validate your findings in B4 N FVN PVo 1VPVo (1+r) 1T 15 21

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Answer #1

(3000/500A(1/5-1 =FWB2,5,0,-500) =LN(3000/500/LN(1+82) 4 643.1% 3,000.0 5.0 4

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