Question: show all formulas in excel Question 8 (5 points) Given the following information about a fully amortizing loan, calculate the lender's yield (rounded to the
show all formulas in excel

Question 8 (5 points) Given the following information about a fully amortizing loan, calculate the lender's yield (rounded to the nearest tenth of a percent). Loan amount: $176,950, Term: 25 years, Interest rate: 8 %, Monthly Payment: $1,275.00, Discount points: 3. Show your steps used in Excel. O 7.6% O 8.0% 07.9% 8.2%
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