Question: Please solve using financial tvm calculator ok you can use excel but please add formulae Question 6 of 7 Justin took a loan of $7,800

Please solve using financial tvm calculator

ok you can use excel but please add formulae
Question 6 of 7 Justin took a loan of $7,800 from his parents to purchase equipment for his hair salon. They agreed on an interest rate of 3% compounded quarterly on the loan. What equal monthly payments made at the end of each period will settle the loan for 5 years if the first payment is to be made 2 years and 1 month from now? $ 0.00 Round to the nearest cent Question 7 of 7 Bryan took a loan of $8,500 from his parents to purchase equipment for his hair salon. If they agreed on an interest rate of 6% compounded monthly on the loan, what quarterly payments will settle the loan in 5 years if he made his first payment 4 years and 8 months from now
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