Q1: A person managed to buy a car through the bank, the price of which was 20000 dollars, so he took a loan from The bank has an annual interest rate of 6% to be paid in monthly installments for 5 years. Required :- First: Finding the value of the monthly installment that this person will pay to the bank? Second only: If this person cannot pay this monthly installment, but he can pay monthly The amount of 350 dollars, what is the value of the loan that he will take from the bank to buy the car?

• i need the solution in table by using Excel