Question: Please show how to get it using both excel and a calculated formula Chapter 5 Question 7 Input area; Output area: Interest Rate Annulty Factor

Please show how to get it using both excel and a calculated formula

Chapter 5 Question 7 Input area; Output area: Interest Rate Annulty Factor Annuity Payment 5% Future Value 30,000 1,200,000 625,000 125,000 Years 8 40 25 13 7% 8% 4%

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