Question: what excel formula should i use to solve this problem?Sarah borrows $109,196 from the bank at 11.05 percent per year, compounded annually, to purchase new

what excel formula should i use to solve this problem?Sarah borrows $109,196 from the bank at 11.05 percent per year, compounded annually, to purchase new car. This loan is to be repaid in equal annual installments at the end of each year over the next 7 years. How much will each annual payment be

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