I need this solved in excel with showing all the formulas.

Credit Card Debt Scenario A department store offers you the following credit card offer: No money down and no interest for 5 years. You have been considering a new furniture purchase for your home and decide to sign up for this attractive offer as you purchase $10,000 worth of furniture. Since personal funds are low, you decide to utilize the no payment, no interest option for 5 years, and plan to begin payments when the five year offer ends. You also decide not to make any more charges on this credit card. So,... in this assignment, we pick up at the end of the 5-year period, with a $10,000 debt on a credit card. The interest rate = 17% APR of your outstanding balance. Each month, your minimum monthly payment = 2% of outstanding debt. When the outstanding balance