Question: QUESTION 25 Using PMT function in MS Excel, calculate the monthly payment needed to fully pay for a new project manager's vehicle within acquisition cost

QUESTION 25 Using PMT function in MS Excel, calculate the monthly

QUESTION 25 Using PMT function in MS Excel, calculate the monthly payment needed to fully pay for a new project manager's vehicle within acquisition cost of $48,138 in 6 years (72 months). Your annual interest rate is 9.99%. (Answer in dollar amounts to 2 decimal places, i.e $12,345.67 or $7.89) =PMT(annual interest rate/12), number of monthly payments, original principal amount)

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