Question: I need this to be answered by using an excel sheet for calculations! Thank you, will upvote if done correctly!Consider a $ 2 5 ,
I need this to be answered by using an excel sheet for calculations! Thank you, will upvote if done correctly!Consider a $ loan to be repaid in equal installments at the end of each of the next years. The
interest rate is Set up an amortization schedule for the loan.
a What is the annual payment?
b What is the year principal amount?
c What is the year interest amount?
d What is the year end balance?
e What is the year interest amount?
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