Question: pleass show excel formulas used to get this answer. D H You want to buy a car by taking out a 3 year loan for

pleass show excel formulas used to get this answer.

D H You want to buy a car by taking out a 3 year loan for $15,000 with a 7% interest rate. 5 A- Create an amortization table of the loan that shows the portion of interest and principal on each payment. vo Period Beginning Balance Payment Interest Principal Ending Balance 1 2 3 4 11 12 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44

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