Question: Help me solve the below including the Factor table in excel. You borrow a GPM of $ 1 2 0 , 0 0 0 with
Help me solve the below including the Factor table in excel.
You borrow a GPM of $ with annual payments and year term. The interest rate is The payment rises by each year.
Questions:
What are the annual payments for years to
What is remaining balance at the end of each year?
What are the interest payment and principal payment for years to
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