6. The management has decided to go for upfront payments for 1-year instances. AWS has tie-up with eCommerceBanque Inc, wherein the bank provides loan to AWS customers for paying the upfornt payment for the reserved instance The bank has provided loan of $2102 to the firm. The loan duration is for 1 year and the payments are required to be paid monthly (at the end). The monthly payment is $187.61 (that is the same amount charged by AWS). (1) Enter the values of number of periods, Monthly payments, Present Value and Type in cells C32, C33, C34 and C36 respectively (11) Write a formula in cell C37 to compute the monthly interest rate charged by the bank. () Write a formula in cell C38 to convert the value calculated in C37 to annual rate. Correct Answer Nper PMT PV Future Value (FV) Type Rate Annualized Rate (APR) 12 $187.61 $2,102.00 0 Rate Annualized Rate (APR) 1.072% 12.863% 1 #NUMI