45 46 47 Loan 6 Continue by completing this table for your 5-year, 10-year, and 15-year Calculation #1 Calculation #2 Calculation #3 Format the entries in each loans, based on the principal and (5-year loan) (10-year loan) (15-year loan) row as... interest rates given with monthly 48 payments Loan principal (P) $15,000.00 $15,000.00 $15,000.00 49 APR from the table (r), with a 9.3% 11.3% 13.3% 50 slightly higher rate for longer loans Number of contributions per year ...a Number with 0 decimal 12 12 51 (n) 12 places 52 Number of years (t) ..a Number with 0 decimal 5 10 15 places ...Currency with 2 decimal 53 Payment amount (PMT): places Total amount paid over the time of ..Currency with 2 decimal 54 the loan: places Total amount of interest paid: ...Currency with 2 decimal 55 places 56 57 58 Comparison