Question: Insert a payment (PMI ) function in cell Jo to calculate the first client's monthly payment. The function will refer to the annual interest rate

Insert a payment (PMI ) function in cell Jo to calculate the first client's monthly payment. The function will refer to the annual interest rate (B23) divided by B24, a loan term (F5) multiplied by B24, and the balance due (15). Refer to B23 and B24 as mixed cell references (B$23 and B$24). Refer to 15 as a negative value (-15) so that your result returns a positive number

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