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Assume the following in excel for the first row of a loan amortization table: cell A1 = beginning balance, cell B1 = fixed payment, cell

Assume the following in excel for the first row of a loan amortization table: cell A1 = beginning balance, cell B1 = fixed payment, cell C1 = interest, cell D1 = principal and cell

E1 = ending balance. Which of the following is true for a periodic interest rate, given in cell F1

a. E1= A1-C1

b. D1= E1A1

c. C1= F1A1

d. C1= F1*E1

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