Question: *Please post excel formula* D E F G H 3 Prepare an amortization schedule for a five-year loan of $67,500. The interest rate is 7

*Please post excel formula*
*Please post excel formula* D E F G H 3 Prepare

D E F G H 3 Prepare an amortization schedule for a five-year loan of $67,500. The interest rate is 7 percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the loan? 4 5 6 7 8 Loan amount $ Interest rate Loan term 67,500 7% 5 on se 9 10 12 11 Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. 13 Loan payment Year Beginning balance Total payment Interest paid Principal paid Ending balance 1 2 3 14 15 16 17 18 19 20 21 22 AN 4 5 Total interest bald Sheet1 100% READY Attempt(s)

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