Question: For Problems 1 and 2, you can use any Excel technique explored in the last two labs. You have taken a loan of $201,000 CAD.
For Problems 1 and 2, you can use any Excel technique explored in the last two labs. You have taken a loan of $201,000 CAD. The e'ectiye annual rate of interest on this loan is 8.26%. You can afford to pay monthly 5 1798.62 CAD. How many months it will take you to repay the loan? Your answer will he an integer 1value that includes the last monthly payment. which wl be smaller than the rest
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