Question: how would i do an excel equation to fond the PMT 1. Suppose that you borrow $20,000. The interest rate is 6%, and it requires

how would i do an excel equation to fond the PMT

1. Suppose that you borrow $20,000. The interest rate is 6%, and it requires 4 equal end-of-year payments. Set up an amortization schedule that shows the annual payments, interest payments, principal repayments, and beginning and ending loan balances. Refer to Slide H43

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