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d. TOTALSUM QUESTION 19 fPMT(D6/12,C6 12,-B6) E6 A C D E 1 Loan Calculator 2 Loan Interest Monthly Term 3 Lender Amount (Years) Rate Payment

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d. TOTALSUM QUESTION 19 fPMT(D6/12,C6 12,-B6) E6 A C D E 1 Loan Calculator 2 Loan Interest Monthly Term 3 Lender Amount (Years) Rate Payment 4.50% $ 2,026.74 4.75% $2,086.59 5.00 % $2,147.29 4 Commercial Bank 400,000 30 5 Venture Credit Union 400,000 30 6 First National Bank 400,000 30 7 In the accompanying figure, in the formula in the active cell, why is B6 entered as -B6? o a. To subtract the amount of the loan from the total payments. O b. To show the monthly payment as a positive number. c. To show that borrowing money is a negative activity d. To reflect a calculation for a reverse mortgage. Click Save and Submit to save and submit. Click Save All Answers to save all answers. neetkaur st... Take Test Unit E Tools of Promoti. This page can't b. EX G-6

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