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2. Build a loan amortization schedule using goal seek. The info of the loan: o Amount of the loan: $500,000 o Length of the loan:
2. Build a loan amortization schedule using goal seek. The info of the loan: o Amount of the loan: $500,000 o Length of the loan: 30 years o Payment: Bank sets an initial requirement payment in year 1, after that PMT grows by 1% each year. o Interest rate: 5% annually
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