Question: please use excel functions 8. What is the payment in month 13 on a CAM loan for $150,000 with a maturity of 15 years at
please use excel functions
8. What is the payment in month 13 on a CAM loan for $150,000 with a maturity of 15 years at 5.85%? Answer Loan Amount Years Periods Per Year Payment Month at Issue Here Interest Rate Constant Amortization Amount
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