Question: Please post the answer as screenshots of the excel spreadsheet. With the table included. Thank you Font Paragraph Styles An auto dealership is advertising that

Please post the answer as screenshots of the excel spreadsheet. With the table included. Thank you

Font Paragraph Styles An auto dealership is advertising that a new car with a sticker price of $19,140 is on sale for $16,999 if you pay in cash, or you get a finance for 60 months with a monthly payment of $319. Note that 60 payments x $319 per payment = $19,140, which is the sticker price of the car. By allowing you to pay in a series of payment (starting one month from now) rather than paying $19,140 in cash, the dealer effectively makes the loan of $19,140 to you. If you choose the financing option, what is the effective interest rate that the auto dealership charges on your loan?

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