Question: Please show working in Excel!! Question 3 1/1 point Your client saving account has a stated annual interest rate of 3.59 percent, compounded monthly. However,

Please show working in Excel!!

Question 3 1/1 point Your client saving account has a stated annual interest rate of 3.59 percent, compounded monthly. However, your client wants to make payments quarterly, rather than monthly, all other factors remaining the same, what is the rate per payment period? Round the final answer to three decimal places in percentage form. (Write the percentage sign in the units" box) Answer: 0.9000 % 1/1 point Question 4 Your client saving account has a stated annual interest rate of 4.60 percent, compounded monthly. However, your client wants to make payments quarterly, rather than monthly. Assuming the amount borrowed is $293,102 what payments would the borrower have to make quarterly to pay the loan off in 10 years? Round the final answer to two decimal places. Answer: 9,189.86

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