Question: Can anyone help use this excel sheet to answer the questions? Show work please, I'm lost and want to try to use it as a

Can anyone help use this excel sheet to answer the questions? Show work please, I'm lost and want to try to use it as a walkthrough.

Can anyone help use this excel sheet to answer the questions? Show

work please, I'm lost and want to try to use it as

Amortization schedule Loan amount to be repaid (PV nterest rate (r) Length of loan (in years) $48,000.00 8.00% Formula a. Setting up amortization table Calculation of loan payment Repayment of Principal Year Beginning Balance Payment Interest Remaining Balance b. Calculating % of Payment Representing Interest and Principal for Each Year Payment % Representing Interest Payment % Representing Principal Year Check: Total: 100% Formulas Repayment of Principal #N/A #N/A Year Beginning Balance Payment #A/A #A/A Interest #A/A #A/A #N/A Remaining Balance #A/A #N/A b. Calculating % of Payment Representing Interest and Principal for Each Year Payment % Representing Principal #A/A #A/A Payment % Representing Interest Check: Total 100% #A/A #A/A #N/A Year

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