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Can you clearly explain to me how to solve this Word problem using the appropriate formulas? begin{tabular}{|c|c|c|c|c|c|} hline Amount borrowed & 10000,00 & & &

Can you clearly explain to me how to solve this Word problem using the appropriate formulas?
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\begin{tabular}{|c|c|c|c|c|c|} \hline Amount borrowed & 10000,00 & & & & \\ \hline Interest rate & 7,00% & & & & \\ \hline Loan term (in vears) & 5 & & & & \\ \hline Annual repayment (using the PMT Excel function) & 2438,91 & ANOM? & & & \\ \hline Year & \begin{tabular}{l} Principal at \\ beginning of \\ the year \end{tabular} & \begin{tabular}{l} Payment at the \\ end of the year \end{tabular} & \begin{tabular}{l} Part of the \\ payment \\ that is interest \end{tabular} & \begin{tabular}{l} Part of the payment \\ that is repayment of the \\ principal \end{tabular} & \begin{tabular}{l} Principal at \\ the end of year \end{tabular} \\ \hline 1 & 10000,00 & 2438,91 & & & 10000,00 \\ \hline 2 & 10000,00 & 2438,91 & & & 10000,00 \\ \hline 3 & 10000,00 & 2438,91 & & & 10000,00 \\ \hline 4 & 10000,00 & 2438,91 & & & 10000,00 \\ \hline 5 & 10000,00 & 2438,91 & & & 10000,00 \\ \hline \multirow{2}{*}{\multicolumn{6}{|c|}{ "Can you explain to me how to solve this Excel exercise with supporting formulas, please?" }} \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline \end{tabular}

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