Question: please show formula in writing not in excel format. please show in in a formaula format not in excel format. please write formula out in
a) Tonya borrowed $30,000 to be repaid quarterly over the next six years. How much will be her quarterly payments if she pays a nominal interest rate of 4 percent per year? b) If Tonya makes her payments at the beginning of each quarter, how much will be her quarterly payments
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