Question: Please attach excel QUESTION4 For 2(a)-2(c) using the following information. You borrow S 10,000 today with interest rate 7%, and you plan to pay the

Please attach excel Please attach excel QUESTION4 For 2(a)-2(c) using the following information. You

QUESTION4 For 2(a)-2(c) using the following information. You borrow S 10,000 today with interest rate 7%, and you plan to pay the bank back with 8 equal annual payment. Let us assume the first payment happen at the end of each year ncipal beg. Payment 2(a) how much is the annual payment? QUESTION5 You borrow S 10,000 today with interest rate 7%, and you plan to pay the bank back with 8 equal annual payment 2(b) How much is the interest payment for year 3

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