Question: Write a formula to calculate the monthly payment for a loan where the purchase price is in cell B1, the down payment is in cell

Write a formula to calculate the monthly payment for a loan where the purchase price is in cell B1, the down payment is in cell B2, the APR is in B3, and the number of payments is in B4.

Group of answer choices

=PMT(B3/12,B4*12,B)

=-PMT(B3/12,B4,B1-B2)

=PMT(B2/12,B4,B1)

=PMT(B2*12,B4/12,B1-B2)

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