Question: Can I please get the answer using the excel formulas used for the calculations? I can do it by hand I just don't know how

Can I please get the answer using the excel formulas used for the calculations? I can do it by hand I just don't know how to do the excel formulas for the problem.

Problem 5-4 You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 15% APR, compounded monthly, or borrow the money from your parents, who want an 8% interest payment every six months. Which is the lower rate? Credit card APR Compounding periods Six-month rate 15% 12 8% Compounding periods EAR credit card EAR parents Which is lower

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