Question: Finish. Sumit for Gradng In the Specific Loan Data worksheet, insert the Payment function in B 1 3 to calculate the monthly ( 1 5
Finish. Sumit for Gradng
In the Specific Loan Data worksheet, insert the Payment function in B to calculate the monthly
points
payments for the Loan Amount. The formula result for the monthly payment should be a positive value. Then, beginning in cell D complete the series of substitution values ranging from to in increments of vertically down column D Add references to the Payment, Total to Repay Loan, and Total Interest Paid formulas in cells E F and respectively. It may be helpful to create custom names for cells E F G to make it easier to read the table. Create a onevariable data table for the range D:G using the APR as the input cell. Using the onevariable data table, What is the Payment if the APR for the loan were to be
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