Question: table [ [ LOAN AMORTIZATION SCHEDULE, ] , [ table [ [ PMT ] , [ Periods ] ] , table [

\table[[LOAN AMORTIZATION SCHEDULE,],[\table[[PMT],[Periods]],\table[[Beginning],[Balance]],Payments,\table[[Payment],[Interest]],\table[[Payment],[Principal]],\table[[Ending],[Balance]]],[1,,,,,],[2,,,,,],[3,,,,,],[4,,,,,],[5,,,,,],[6,,,,,],[7,,,,,],[8,,,,,],[9,,,,,],[10,,,,,]]
Step 1: Compute the Payments using the PMT formula adjusted for compounding
Step 2: Compute the Payment Interest: =Beginning Balance *(Interest Rate/Compounding Period)
Step 3: Compute the Payment Principal: =Payments - Payment Interest
Step 4: Compute the Ending Balance: =Beginning Balance - Principal
\table[[Beginning Balance,$250,000
 \table[[LOAN AMORTIZATION SCHEDULE,],[\table[[PMT],[Periods]],\table[[Beginning],[Balance]],Payments,\table[[Payment],[Interest]],\table[[Payment],[Principal]],\table[[Ending],[Balance]]],[1,,,,,],[2,,,,,],[3,,,,,],[4,,,,,],[5,,,,,],[6,,,,,],[7,,,,,],[8,,,,,],[9,,,,,],[10,,,,,]] Step 1: Compute the Payments using the PMT

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