Question: Please use the excel formulas. Thank you! 5. What is the payment in month 336 on a 30 -year loan for $925,000 at 4.85% that

Please use the excel formulas. Thank you! 5. What is the payment

Please use the excel formulas. Thank you!

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

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