Question: Don't show Excel equations. I need to see manual work if possible please. Mike has $30,000 in student loans charging an APR of 7%. Mike

Don't show Excel equations. I need to see manual work if

Don't show Excel equations. I need to see manual work if possible please.

Mike has $30,000 in student loans charging an APR of 7%. Mike is currently paying his student loans on a schedule which will have them paid off in 10 years. How big are the monthly payments? If he would like to have the loan paid off in five years, how much must he pay each month? PLEASE SHOW EQUATIONS. Mike has $30,000 in student loans charging an APR of 7%. Mike is currently paying his student loans on a schedule which will have them paid off in 10 years. How big are the monthly payments? If he would like to have the loan paid off in five years, how much must he pay each month? PLEASE SHOW EQUATIONS

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