*please solve using excel and show formulas* thank you

7:53 An insurance company is offering to sell an annuity for $20,000 cash. In return the firm will guarantee to pay the purchaser 20 annual end-of-year payments, with the first payment amounting to $1100. Subse- quent payments will increase at a uniform 10% rate each year (second payment is $1210; third payment is $1331, etc.). What rate of return would someone who buys the annuity receive