What would the present worth of his investment

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(present answer in spreadsheet format in excel ) Dave decides to invest $500 every year in utility stocks, after he graduates college next year. If he increases his initial amount by $100 each year for the next nine years, what would the present worth of his investment be assuming a discounted rate of 10% throughout the investment period?

( present answer in spreadsheet format in excel)

Reference no: EM131586694

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