Question: Please use excel , need help with functions because I am only used to using a financial calculator, thanks! You just took a $25,000, five-year
Please use excel, need help with functions because I am only used to using a financial calculator, thanks!
You just took a $25,000, five-year loan. Payments at the end of each year are flat (equal in every year) at an interest rate of 12%. Calculate the appropriate loan table, showing the breakdown in each year between principal and interest.
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