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show all the steps f ollowed in Excel Times New Roman12 AAHEE D16 1 Pay interest-the rate of 8% per year for 4 years and
show all the steps followed in Excel
Times New Roman12 A"AHEE D16 1 Pay interest-the rate of 8% per year for 4 years and then a final payment of merest and principal a teed fte se year 2. 3 Amount 4 Period (years) S Interes rate 300,000 8% 8 Anmual Interest Payment- 9 Year 5 Payment 12 13 14 15 asl 17 Investor #2 offers you the $300,000 paying interest at the rate of 8% per year for 4 years and then a final payment of interest and principal at the end of the 5th year. find annual interest payment year 5 payment, total payment and interest paidStep by Step Solution
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