Question: Please, use excel and show your work. Show every formula used. Problem 2 You borrow from the car dealer to finance a care you decided

Please, use excel and show your work. Show every formula used.

Problem 2 You borrow from the car dealer to finance a care you decided to purchase. The price of the car and the annual rate of the loan should be provided. You have a loan with monthly payments for four years, with the payments at the end of each month. After the 23th month, you like to pay the remaining of the loan to the bank and sell your car. How do you do your calculations and what is the amount you pay to the bank at that time

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