Question: Please show me the answer with the excel formula. Thanks! Question 6 - Loan Amortization Schedules Answer all question parts below. Use blank spaces to

Please show me the answer with the excel formula. Thanks!

Please show me the answer with the excel formula. Thanks! Question 6

Question 6 - Loan Amortization Schedules Answer all question parts below. Use blank spaces to perform any necessary calculations. CELL REFERENCE AND USE EXCEL FUNCTIONS APPROPRIATELY. Format appropriately. Prepare an amortization schedule for a 9 year loan of $77,000. The interest rate is 6.5% per year, and the loan calls for equal annual payments. Amortization Schedule: Year Beg. Bal PMT Interest Principal End. Bal How much interest is paid in year 6? How much total interest is paid over the life of the loan

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