Question: We are solving it over excel, can you please write with the formulas Question 3 You are going to invest 515,000 today and receive $87,000

We are solving it over excel, can you please write with the formulas

We are solving it over excel, can you please
Question 3 You are going to invest 515,000 today and receive $87,000 in 11 yea rs. a) What quarterly interest rate should the bank offer to you to meet your demand? (Bank will pay interest quarterly) b) What is the annual percentage rate? c) What is the effective annual rate

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