Part b. ( Part a is posted as a separate question. Just solve this b part. just attaching part a for reference )

Miscellaneous Corporations: Provide Excel based calculations to the following by putting data into Excel Sheets and performing the necessary actions: Assume a loan amounting to Rs. 1,980,000 payable in 15 equal installments. If the interest rate is (assume a value between 7%-12%). What equal amount installment needs to be paid each year to fully pay off the loan in 15 years? Also prepare its Amortization Table.

SOLVE PART B AS QUICK AS POSSIBLE

Part a. Miscellaneous Corporations: Provide Excel based calculations to the following by putting data into Excel Sheets and performing the necessary actions: You have just turned 35, and you intend to start saving for your retirement. Once you retire in 30 years (when you turn 65), you would like to have an income of (assume a value between $100,000 - $135000) per year for the next 20 years. Calculate how much you would have to save between now and age 65 in order to finance your retirement income. Make the following assumptions: All savings draw compound interest of (assume a rate between 10%- 13%) per year. You make the first payment today and the last payment on the day you turn 64 (30 payments). You make the first withdrawal when you turn 65 and the last withdrawal when you turn 84 (20 payments)