Question: Please help solve using excel 6. Sandy just graduated from college. She accumulated $25,000 in student loans. She will pay the loans off over 10

Please help solve using excel

Please help solve using excel 6. Sandy just graduated from college. She

6. Sandy just graduated from college. She accumulated $25,000 in student loans. She will pay the loans off over 10 years and the first monthly payment is due in 1 month (assume an 5\% interest rate). Calculate the amount of her payment. 7. Sycamore Company is negotiating with a customer for the lease of a large machine manufactured by Sycamore. The machine has a cash price of $600,000. Syamore wants to be reimbursed for financing the machine at a 10% annual return. Calculate the required lease payment if the lease calls for 10 annual payments with the first payment due today

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