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Can you please solve this question in Excel (please show all the formulas you use) and show the complete answer, please Thank you. A $23,000
Can you please solve this question in Excel (please show all the formulas you use) and show the complete answer, please
Thank you.
A $23,000 loan is to be settled by making payments of $7,310 at the end of every month. The interest is 4.09% compounded quarterly. a) Find the number of payments in the term (Round off to two decimal places). b) Fill in the missing values of the amortization schedule below. Round off your answers to two decimal placesStep by Step Solution
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