Question: Please walk me through this step by step IN EXCEL. I've already found the answer other places and can calculate with a financial calculator, but

Please walk me through this step by step IN EXCEL. I've already found the answer other places and can calculate with a financial calculator, but I want to learn this in EXCEL. Please don't just copy paste answers from other websites, because its a waste of my time, your time and one of my questions... Thanks!

An investor just purchased an office building for $100,000. He knows for certain that he can sell the building for $110,000 in five years. Approximately how much does he need to charge in annual rent in order to achieve a 15% annual return on the deal (rounded to the nearest hundred dollars)?

The correct answer is $13,517. Just please explain how to get to that in EXCEL.

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