Please explain how to get each number in the table in detail so that I can redo it with other numbers and understand the process. I do not want to use excel, so please show me the manual way using a calculator if needed and explaining each equation.

Thank you!

McDougan Associates (USA). McDougan Associates, a U.S.-based investment partnership, borrows 85,000,000 at a time when the exchange rate is $1.33771. The entire principal is to be repaid in three years, and interest is 6.650% per annum, paid annually in euros. The euro is expected to depreciate vis--vis the dollar at 3.3% per annum. What is the effective cost of this loan for McDougan? Complete the following table to calculate the dollar cost of the euro-denominated debt for years 0 through 3. Enter a positive number for a cash inflow and negative for a cash outflow. (Round the amount to the nearest whole number and the exchange rate to four decimal places.) Year 0 Year o Year 1 Year 2 Year 3 85,000,000 Proceeds from borrowing euros Interest payment due in euros Year 1 Year 2 (5,652,500) (5,652,500) Year 3 (5,652,500) (85,000,000) 90,652,500 Repayment of principal in year 3 Total cash flow of euro-denominated debt 85,000,000 (5,652,500) (5,652,500) Expected exchange rate, $/ 1.3377 1.2936 1.2509" 1.20969 (7,312,074) $ (7,070,712) $ (109,653,264) Dollar equivalent of euro-denominated cash flow $ 113,704,500 $ What is the effective cost of this loan for McDougan? % (Round to two decimal places.)