Question: LOAN WORKSHEET 1. In cell D10, use the PMT function to calculate the monthly payment required to repay a 200,000 loan in 10 years at
LOAN WORKSHEET 1. In cell D10, use the PMT function to calculate the monthly payment required to repay a 200,000 loan in 10 years at 6.5% interest compounded monthly. Copy (or autofill) this formula the entire table range to complete all payoff options. (HINT: mixed references used in PMT: reference to length of loan-D$9; reference to pv-$C10)
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