what would be the excel formula i would imput

A company borrowed money from a local bank. The note the company signed requires five annual installment payments of $12,000 not due for four years. The interest rate on the note is 7%. What amount did the company borrow? Amount borrowed Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to she A company borrowed money from a local bank. The note the company signed requires five annual installment payments of $12,000 not due for four years. The interest rate on the note is 7%. What amount did the company borrow? Amount borrowed Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to she