Question: 1 3 . If you botrow $ 1 8 2 3 and pay back $ 2 , 7 2 8 in three years, what annual

13. If you botrow $1823 and pay back $2,728 in three years, what annual rate of interest are you paying?
Use opposite signs for PV and FV. Excel function
14. How long will it take you to triple your money af 6%?
excel function
10. You agree to finance your new SUV with an auto loan of $51623. This loan will be repaid over four years with monthly payments and compounding at a 4% Annual interest rate. What will your monthly loan payment be? Assume PV to be negative so that the PMT is positive. Excel function

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