Question: Use the Excel template below for a vertical one-way data table that shows loan amounts in $5,000 increments starting from $10,000 and their monthly payment

Use the Excel template below for a vertical one-way data table that shows loan amounts in $5,000 increments starting from $10,000 and their monthly payment amounts, assuming the loan term and annual interest rate are 5 years and 3.9%, respectively. What is the formula for the total loan amount in cell A10 if we want to be able to copy the formula to the remainder of the cells? Consider the columns a: labeled " A " and "B" and rows as labeled "1-13". Use these labels to determine the correct formula. Multiple Choice Use the Excel template below for a vertical one-way data table that shows loan amounts in $5,000 increments starting from $10,000 and their monthly payment amounts, assuming the loan term and annual interest rate are 5 years and 3.9%, respectively. What is the formula for the total loan amount in cell A10 if we want to be able to copy the formula to the remainder of the cells? Consider the columns a: labeled " A " and "B" and rows as labeled "1-13". Use these labels to determine the correct formula. Multiple Choice

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