Question: solve using excel asap QUESTION 3 Sam's Auto Repairs Inc. borrowed $5,287 to be repaid by monthly payments over 14 years. Interest on the loan

solve using excel asap QUESTION 3 Sam's Auto Repairs Inc. borrowed

$5,287 to be repaid by monthly payments over 14 years. Interest on

solve using excel asap

QUESTION 3 Sam's Auto Repairs Inc. borrowed $5,287 to be repaid by monthly payments over 14 years. Interest on the loan is 4.74% compounded semi-annually. (*Hint: General Annuity) Compute the equal monthly payment. Round your answer to 2 decimal places. Do not enter the dollar sign. Sample input: 124.34 QUESTION 4 Read the instruction sheet and amortize the loan in Question #3 in Microsoft Excel. Place all your answers in the loan amortization template provided. Attach File Browse Local Files

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