Question: Complete the monthly payment table based on per $ 1 , 0 0 0 on 6 . 2 5 % growth and answer the questions

Complete the monthly payment table based on per $1,000 on 6.25% growth and answer the questions below.
What is the monthly payment amount for 15 yrs for $500,000 benefit?
What is the monthly payment amount for 21 yrs for $2,000,000 benefit? PLEASE explain to me using manual formula how do they those results (monthly payment amount)and why do they multiply by 500 AND 2000. what is the logic behind it ?
Complete the monthly payment table based on per $1,000 on 6.25%

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