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For an $70,000 30 year fixed-rate mortgage with a nominal interest rate of 5.80%, please develop an amortization table in excel. Answer the following questions

For an $70,000 30 year fixed-rate mortgage with a nominal interest rate of 5.80%, please develop an amortization table in excel. Answer the following questions based on your amortization table

a. What is the monthly payment

b. How much of the payment goes toward principal and interest on your 10th payment?

c. What is the end balance of the principal after 10th payment.

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