Question: Please post all the formulas in Excel! Thank you! 994 6. How much must a seller pay to a buyer's lender to buydown the interest

Please post all the formulas in Excel! Thank you!

994 6. How much must a seller pay to a buyer's lender to "buydown" the interest rate from 7% to 5.5% for 5 years on 995 a 30-year, monthly payment FRM loan for $530,000? 996 997 Buydown Period (years) 998 999 7% Loan 1000 Loan Amount Buydown amount ($) with PV function 1001 Annual Interest Rate 1002 Maturity (in years) 1003 Periods per year 1004 Monthly Payment 1005 1006 5.5% Loan 1007 Loan Amount 1008 Annual Interest Rate 1009 Maturity (in years) 1010 Periods per year 1011 Monthly Payment 1012 1012

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