Question: Please need help this question A B D E F G H K L M Loan principal Total Interest Interest rate OUT A W O

Please need help this question

A B D E F G H K L M Loan principal Total Interest Interest rate OUT A W O You borrow $375,000 for 10 years at 3.15% Loan term (compounded monthly). Part A: What is the montly payment on this loan? Put your answer in the blue cell to the Monthly payment right. 10 Part B: Create an annual loan table using the 11 column headers provided. You may use either Period Beg. Bal Payment Interest Principal End Bal. 12 the IPMT and PPMT functions, or do the 13 calculations by hand. Format the cells so that 14 the any currency amounts are in dollars. 15 Part C: What is the total interest that you will 16 pay over the life of the loan? 17 18 19 20 21 22 23 24 25 O 26 27 28 29

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