Question: construct a loan amortization schedule in excel for the following car and details: 2023 Lexus RX 350 car price $50,000 loan amount - $40,000 down
construct a loan amortization schedule in excel for the following car and details:
2023 Lexus RX 350
car price $50,000
loan amount - $40,000
down payment - $10,000
maturity - 5 years (60 months)
monthly payment $700
interest rate 6%
construct with formulas in excel (please show formulas)
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