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Please solve via EXCEL and show EXCEL functions calculations used to get solution. Please. How much will you owe a bank at the end of

Please solve via EXCEL and show EXCEL functions calculations used to get solution. Please.

image text in transcribed How much will you owe a bank at the end of the 27 th month if you took a loan of $25,000 for a period of 72 months at a rate of 6% per year compounded monthly, if you paid the bank your entire bonus of $12,000 at the end of the 12th month to bring down the loan quickly? You make payments to the bank at the end of every month. $3,727 $7,090 $421 $11,063

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