Strapped for cash,your neighbor makes you the following offer. He will pay you back the money he borrows today over the next 11 years.he will make yearly payments with the first payements being for $1000 at the end of this year. The payment will grow by 11% every year thereafter. If The appropriate discount rate is 20%, how much would you be willing to lend your neighbour today

if possible could you solve it in excel