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Please can you guys doing solution in excel New Ford B-max 20 490.97 can be financed with fixed interest rate of 1.5 %. The credit

Please can you guys doing solution in excel

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New Ford B-max 20 490.97 can be financed with fixed interest rate of 1.5 %. The credit fee is 150 and service fee is 8 /month. The down payment is 20 % of the purchasing price and the financing period is 48 months. Calculate the monthly payment when all payments are equal. 2 3 Product's price 4 Down payment 5 Number of payments 6 Annual interest rate 7 Credit fee 8 Service fee (per payment) 9 10 Financed amount 11 Relative interest rate 12 13 Equal payment without service fee 14 Equal payment with service fee 15 9

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