Question: Please show how to solve in excel with equations. Know answer just dont know how to get it. You borrow $50,000 in student loans at

Please show how to solve in excel with equations. Know answer just

Please show how to solve in excel with equations. Know answer just dont know how to get it.

You borrow $50,000 in student loans at an interest rate of 3 percent. If you repay $200 per month, how long will it take to pay off the loan? [50,000 PV, -200 PMT, 3/12 I/YR, N]=392.82=393 months

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