Question: Complete in Excel: Create an amortization schedule to answer the following questions for a $750,000 15-year PLAM(Price Level Adjusted Mortgage) loan that is fully-amortizing. The

Complete in Excel:

Create an amortization schedule to answer the following questions for a $750,000 15-year PLAM(Price Level Adjusted Mortgage) loan that is fully-amortizing. The contract interest rate is 3.50% with monthly payments. The inflation rate is 7% for the first 5 years, 6% for years 6 to 10, and 5% for the final 5 years.

Please show formulas, thx!

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