Question: it needs to be done on excel worksheet please state the steps and formulas used 3. A company has a liability of $450,000 due in

it needs to be done on excel worksheet

please state the steps and formulas used

3. A company has a liability of $450,000 due in 25 years. The cost of capital is 2.5 percent per year. What amount of money do you need to set aside at the beginning of each month for the next 25 years to meet this liability? 16 17 18 19

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