The basic mathematical operators are +, -, * and/ Addition: To add the values in cells A1 and B4, the formula is =A1+B4 Subtraction: To subtract the value in cell B4 from the value in cell A1, the formula is =A1-B4 Multiplication: To multiply the values in cells A1 and B4, the formula is =A1*B4 Division: To divide the value in cell A1 by the value in cell B4, the formula is =A1/B4 Using the PMT function: The PMT function has the following syntax: --PMT(Rate,Nper, Pv, Fv, Type) Note: To return the payment as a positive value, you must include a negative sign, either before the PMT or as a negative PV amount. costs $25,000. 1) Calculate the amount of each monthly car payment using the PMT function. 2) Calculate the total amount of the car payments and 3) the total amount of interest paid over the term of the loan under the following financing options.Enter a valid Excel formula or function in each of the yellow cells below. Formulas must refer to cell address(es). Entering a value will be marked as incorrect. $25,000 12 Amount financed Payments per year Financing Option Term (years) Annual interest rate 1) Monthly payment 2) Total payments over term 3) Total interest paid over term 1 2 3 4 5 3 6 4 6.0% 5.0% 5.5% 7.0%