Question: 3 Using the Student Loan Amount given below, perform each of the calculations indicated. Refer to the Financial formulas section in the Instructions tab as
Using the Student Loan Amount given below, perform each of the calculations indicated. Refer to the Financial formulas section in the
Instructions tab as needed.
Format all financial amounts as Currency with the $ symbol and decimal places, and number of payments as Number with decimals.
a Subsidized Student Loan determine the monthly payment required for
axvear loan
b Unsubsidized Student Lan det
required for a Xyear loan that accry
for Y years
Your APR for interest accrued whil
school
Number of Years in School C
Additional interest accrued whila
school
Total principal amount to regay
Your APA r
Number of payments per veari
Number of vears t
The monthly loan payment PN
total amount paid to the foan
Interest paid on loan
can you please include what excel formula to input to get my answers
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