Question: Use excel functions in answer if possible Loan amount n (Years) r(APR) 18,950.00 3 5.25% 12 monthly Calculate the monthly loan payment, then complete the

Use excel functions in answer if possible Loan amount n (Years)

r(APR) 18,950.00 3 5.25% 12 monthly Calculate the monthly loan payment, then

Use excel functions in answer if possible

Loan amount n (Years) r(APR) 18,950.00 3 5.25% 12 monthly Calculate the monthly loan payment, then complete the amortization table, entering formulas in each green-shaded cell. You may use Excel functions or formulas. All results should be positive numbers. Do not round any calculations. m PMT Total Interest Paid Period Beginni ng paymen Interest Principal Ending Reductio Balance 1 2 3 4 5 6 7 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36

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