Question: Raptor Software borrows $150,000 under the following terms: 4 Years in length 16 quarterly payments 8% APR, 2% per quarter. Fill in the C14: E14

Raptor Software borrows $150,000 under the following terms:

4 Years in length

16 quarterly payments

8% APR, 2% per quarter. Fill in the C14: E14 inputs.

a. Calculate the loan payment (cell F14); it should be presented as a positive number

b. Fill in the amortization table (D17: G32)

calculate in excel

Raptor Software borrows $150,000 under the following terms: 4 Years in length

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