Question: Please show the excel formulas with answers A B C D E F G H Amortization Schedule Loan Parameters Loan Summary Information $400,000 Principal Monthly

Please show the excel formulas with answers

A B C D E F G H Amortization Schedule Loan Parameters Loan Summary Information $400,000 Principal Monthly Payment (P&I Only) $2.923.71 6.25% Annual Interest Rate Scheduled Number of Payments 240 6 Date of First Payment Normal Payoff Date 7 20 Term of Loan (Years) Actual Number of Payments B 12 Number of Payments Per Year Actual Payoff Date 9 Extra Payment Every Period Total of Extra Payments 10 Total of All Interest Payments 11 Payment Date Beginning Regular 12 Number Balance Payment Interest Principal Extra Payment Ending Balance 13 1 2015-03-01 $ 400,000 2923.71281 $ 2,083.33 $ 840.38 0 $ 399,159.62 14 15 16

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