Question: When working with potential wedding parties, it is important they understand what the monthly payment will be if they will be using the financing option.

When working with potential wedding parties, it is important they understand what the monthly payment will be if they will be using the financing option.

In cell B

10,

use the PMT function to calculate the monthly payment amount necessary to pay off the amount borrowed in cell

B 9,

at the end of the term in cell

B 6,

using the interest rate in cell

B 5 .

Be sure the result of the PMT function is positive.

When working with potential wedding parties, it is important they understand

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