Question: PLease use excel functions 5. What is the payment in month 336 on a 30-year loan for $925,000 at 4.85% that requires interest only payments

PLease use excel functions 5. What is the payment in month 336 PLease use excel functions

5. What is the payment in month 336 on a 30-year loan for $925,000 at 4.85% that requires interest only payments for the first eight years and fully amortizing payments for the remaining years of the loan? Answer Loan Amount Periods Per Year Interest Rate Payment in First Five Years Total Amortization Years 6. What is the nayment in month 234 on a 30-year loan for $925.000 at 4.85% that requires 5. What is the payment in month 336 on a 30-year loan for $925,000 at 4.85% that requires interest only payments for the first eight years and fully amortizing payments for the remaining years of the loan? Answer Loan Amount Periods Per Year Interest Rate Payment in First Five Years Total Amortization Years 6. What is the nayment in month 234 on a 30-year loan for $925.000 at 4.85% that requires

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