Question: need help please in excel format Present an example with the following conditions: - Purchase price of $350,000 - 20% Down payment - Annual interest
Present an example with the following conditions: - Purchase price of $350,000 - 20% Down payment - Annual interest rate is 6.25% compounded monthly - What is your monthly payment? - Provide a cash flow diagram - Provide a well labeled spread sheet that can easily be reviewed - Provide a written summary explaining the construction of your spread sheet and the meaning of the results
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