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1 0 . In cell L 4 , write a formula to determine the monthly loan payment of sales rep Bud Fox s low interest

10. In cell L4, write a formula to determine the monthly loan payment of sales rep Bud Foxs low interest loan entitlement in cell K4. Make sure your formula displays a positive monthly loan payment. Additional parameters about the loan are provided in cells P11 through P13 you must use appropriate references to these in your formula. Copy the formula to the cell range L5 through L12. Hint: You will need to use the PMT function in your formula to answer this step correctly.

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