Question: Use Excel to create an annual summary (5-years) amortization schedule for a fully-amortizing, fixed rate mortgage for $4,000,000 at 5.5% for 30 years, monthly payments,
Use Excel to create an annual summary (5-years) amortization schedule for a fully-amortizing, fixed rate mortgage for $4,000,000 at 5.5% for 30 years, monthly payments, 1 discount point. Use the power of Excel. Use Excel Formulas please and give complete workings
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