Question: Create an amortization schedule, using Excel, for the following loan. Principal: $100,000 Interest: 6% Duration: 10 years Frequency of interest and payment: monthly The table

Create an amortization schedule, using Excel, for the following loan.

Principal: $100,000

Interest: 6%

Duration: 10 years

Frequency of interest and payment: monthly

The table should have the following column headings:

Year # | Beginning Balance | Year Pmt. | Interest Paid | Principal Paid | End Balance

This must be done in Excel and the Excel sheet e-mailed to me by 11:59 P.M. on Friday, Oct. 1.

Suggestion: Look up how to enter formulae into Excel and how to drag and fill

(can the answer be the link to the excel sheet) thanks

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