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Please show how to get your answer using excel. Exercise 2.7: Sandy borrows $15,000 at a compound interest of 6% per year from a bank
Please show how to get your answer using excel.
Exercise 2.7: Sandy borrows $15,000 at a compound interest of 6% per year from a bank over a seven-year period. What will be the amount of seven equal yearly payments that Sandy will have to make to the bank if she made the payment: a. At the starting of each year? b. At the end of each yearStep by Step Solution
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