Question: Can someone help me solve this using PMT Function? AutoSave off CH25Homework_Questio... Saved to this PC Search Leah Vazquez File Home Insert Page Layout Formulas

Can someone help me solve this using PMT Function?

Can someone help me solve this using PMT Function? AutoSave off CH25Homework_Questio...

AutoSave off CH25Homework_Questio... Saved to this PC Search Leah Vazquez File Home Insert Page Layout Formulas Data Review View Automate Help Paste Liberation Sans 12AA \% Font Alignment y Number \} fx=PMT(C9,C10,C11) J13:fx=PMT(C9,C10,C11) 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 E Required: Provide input into cells shaded in yellow in this template. Use the PMT function with cell references in part a to the Problem area. Input cell references in parts b and c. In part c, use mathematical formulas with cell references to the Problem area to calculate both debit amounts, and a cell reference to the Cash amount you calculated in part a. a. Verify the annual mortgage payment amount using Excel's PMT function. Verification of payment using PMT $(21,189) b. Record the journal entry for mortgage loan on December 31, 2022. c. Record the journal entry for the first installment payment on December 31,2023. \begin{tabular}{c|rrr} Date & & Debit & \multicolumn{1}{c}{ Credit } \\ \hline 12/31/23 & Interest Expense & 13,020 & \\ & Mortgage Payable & 786,980 & \\ & Cash & & 800,000 \end{tabular} Ready ix Accessibility: Investigate 92F Partly sunny

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