Question: please post the link to the excel sheet with the answer Task 1 (50 marks) 1. Suppose you want to take study loan from the

please post the link to the excel sheet with the answer
Task 1 (50 marks) 1. Suppose you want to take study loan from the bank. Where the amount will be compound monthly. How much money you must pay on 10 years. Instructions: a. Go to two different banks and collect the data. Support your answer by evidence. (5 marks) b. Calculate compound amount algebraically and by using excel. (20 marks) C. Calculate the compound interest and the money pay back for each week in both banks. (10 marks) d. Compare your findings and which bank you will select. No more than 30 words. (5 marks) 2. At what annual rate of interest, compounded quartile will money double in (3+R) years? (10 marks) Task 1 (50 marks) 1. Suppose you want to take study loan from the bank. Where the amount will be compound monthly. How much money you must pay on 10 years. Instructions: a. Go to two different banks and collect the data. Support your answer by evidence. (5 marks) b. Calculate compound amount algebraically and by using excel. (20 marks) C. Calculate the compound interest and the money pay back for each week in both banks. (10 marks) d. Compare your findings and which bank you will select. No more than 30 words. (5 marks) 2. At what annual rate of interest, compounded quartile will money double in (3+R) years? (10 marks)
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