Question: provide the answer in the green highlight cell with the excel function explanation, please 6. How much must a seller pay to a buyer's lender

provide the answer in the green highlight cell with the excel function explanation, please

provide the answer in the green highlight cell with the excel function

6. How much must a seller pay to a buyer's lender to "buydown" the interest rate from 7% to 5.5% for 5 years on a 30- year, monthly payment FRM loan for $350,000? Buydown Period (years) Buydown amount ($) with PV function 7% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment 5.5% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment 6. How much must a seller pay to a buyer's lender to "buydown" the interest rate from 7% to 5.5% for 5 years on a 30- year, monthly payment FRM loan for $350,000? Buydown Period (years) Buydown amount ($) with PV function 7% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment 5.5% Loan Loan Amount Annual Interest Rate Maturity (in years) Periods per year Monthly Payment

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