*PLEASE SOLVE IN EXCEL USING FINANCIAL FUNCTIONS*

*PLEASE SOLVE IN EXCEL USING FINANCIAL FUNCTIONS*

A home is available for sale that could normally be financed with an $80,000 loan at a 10 percent rate with monthly payments over a 25-year term. Payments would be $726.96 per month. The builder is offering buyers a mortgage that reduces the payments by 30 percent for the first three years. After the third year, regular payments of $726.96 would be made. How much would you expect the builder to have to give the bank to buy down the payments as indicated