Question: Please show me how to compelte the full question, I will be completing this on excel so yoy can give me the formula way to

Please show me how to compelte the full question, I will be completing this on excel so yoy can give me the formula way to complete the question or the way excel functions complete it

!

Question

1

: Calculate the monthly payments on a

15 -

year loan for $

200, 000 .

The loan has an interest rate of

4.5 %,

and the bank uses monthly compounding

(

Please don't just give me the formula and not explain how to complete it

) .

Please show me how to compelte the full question, I will

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