Question: On the LoanAnalysis worksheet in cell C4, enter a function to calculate5the annual percentage rate for Loan Option 1. Format the cell asPercentage with 2

On the LoanAnalysis worksheet in cell C4, enter a function to calculate5the annual percentage rate for Loan Option 1. Format the cell asPercentage with 2 decimal places.Note: Be sure the result isdisplayed as a positive number. Do not include optionalarguments.3In cell C6, enter a function to calculate the total cumulative interest that5would be paid throughout the life of the loan if payments were made atthe end of the periods. Reference cell C5 for the end_period argument.Be sure that the result of the function is positive, and then format thecell as Currency

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