Question: ( 0 - 6 p t s ) The Ford Taurus promotion is as follows: $ 2 2 , 3 0 0 selling price with

(0-6pts) The Ford Taurus promotion is as follows: $22,300 selling price with 4.8% annual interest
rate compounded monthly for 5 years. A down payment of 5% is required. Write an Excel function
in cell H3 to determine the monthly payment on this loan. (Hint: Use the PMT() function. No $ are
needed since you are not copying down or across here.).

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