Question: PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS 2. - Calculate the annual interest rate paid on a promissory note in which $123,000.00

PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS 2. - Calculate the annual interest rate paid on a promissory note in which $123,000.00 was financed and $161,437.50 was paid at the end of two and a half years, without capitalization of interest. Very important Note: It is necessary that you make a solution approach and then the result. Above all, to check the procedure and/or the formulas used, especially when you use excel.

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