Question: Please please please solve using excel, showing formulas. 8 - 2 9 A new 1 0 , 0 0 0 - square - meter warehouse

Please please please solve using excel, showing formulas. 8-29 A new 10,000-square-meter warehouse next door to the Tyre Corporation is for sale for $450,000. The terms offered are $100,000 down with the balance being paid in 60 equal monthly payments based on 15% interest. It is estimated that the warehouse would have a resale value of $600,000 at the end of years Tyre has the cash and could buy the warehouse but does not need all the warehouse space at this time. The Johnson Company has offered to lease half the new warehouse for $2500 a month. Modifying the space for two tenants will cost $12,000

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