Question: please provide excel solution Question 5 8 pts a 5. Calculate the number of months to pay off a loan of $20,000 while making monthly
please provide excel solution
Question 5 8 pts a 5. Calculate the number of months to pay off a loan of $20,000 while making monthly payments of $1200. The nominal rate is 10 percent, compounded monthly. About 5.0 periods O About 44.2 periods About 12.2 periods About 18.0 periods The problem has no solution
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