Question: Insert a function in cell G5 to calculate the first student's monthly payment, using appropriate relative and absolute cell references. ***Please what is the formula

 Insert a function in cell G5 to calculate the first student's

Insert a function in cell G5 to calculate the first student's monthly payment, using appropriate relative and absolute cell references.

***Please what is the formula to insert in cell G5?

Inland Jewelers Date 3/26/20 Name Ring Type Cost Personalized Total Years Dodson Jones Clarke Ranger McKinley Broadnax Burch Totals Silver Gold Titanium Platinum Platinum Gold Titanium $ 400.00 Yes $ 550.00 Yes $ 700.00 No $ 750.00 No $ 750.00 Yes $ 550.00 No $ 700.00 Yes $4,400.00 $ 420.00 $ 577.50 $ 700.00 $ 750.00 $ 787.50 $ 550.00 $ 735.00 $ 4,520.00 Monthly Payment 1 $ 36.05 1 $ 49.57 2 $ 30.04 3 $ 21.46 3 $ 22.53 2 $ 23.60 3 $ 21.03 $ 204.28 Ring Type Silver Gold Titanium Platinum Cost $ 400.00 $ 550.00 $ 700.00 $ 750.00 Personalizing Surcharge 5% Interest Rate 3%

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