I am buying a home for $200,000 with a $50,000 down payment. Financed for 30 years at

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I am buying a home for $200,000 with a $50,000 down payment. Financed for 30 years at 6% APR.

1. Create a loan amortization schedule in Excel for constant payment method with 360 periods. (30*12=360)

2. Rework the loan amortization with an extra $50 in Principal.

3. Create a loan amortization schedule in Excel for constant amortization method.

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Investments

ISBN: 9780073530703

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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: May 30, 2023 04:10 AM

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I am buying a home for $200,000 with a $50,000 down payment. Financed for 30 years at

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1You must enter the principal loan amount interest rate number of periods 360 and payment amount int... View the full answer

Investments

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