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1 9 . Open the Solver and set an objective of 7 0 0 for the loan payment ( cell B 1 0 ) by

19. Open the Solver and set an objective of 700 for the loan payment (cell B10) by changing the annual
interest rate (cell B5) and the loan duration (cell B7).
20. Add a Solver integer constraint for the loan duration (cell B7).
21. Run the Solver to solve for the solution. Keep the solution but do not generate any reports.
22. Create a formula in cell B12 that calculates the cumulative principal repaid on the loan after 1 year
of payments. Assume that loan payments are made at the end of the payment period
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