Question: please solve the problem in excel~ thank you! 10. TI Calculator Graded Problem Set A bank just approved your small business loan for $20,000. The

please solve the problem in excel~ thank you!

10. TI Calculator Graded Problem Set A bank just approved your small business loan for $20,000. The loan has an interest rate of 10.0% and will be repaid with 10 end-of-year payments What is the required annual loan payment? $3,116.40 $3,642.15 $4,271.33 $3,254.91 $4,373.14 Halfway through the loan's life, what is the loan's remaining balance? $17,342 $12,339 $11,122 $14,736 517.513 What percentage of the total payments made during the first five years will be made toward interest? 41.53% 49.44% 39.34% 52.93% 43.64% Grade It Now Sa Conti

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