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Fundamentals of Finance question. PLease answer question 5-8 using Excel fProblem 5-8 / 2-8 Amortization Table Car loan of $20,000, 5 years (60 months) nominal
Fundamentals of Finance question. PLease answer question 5-8 using Excel
\fProblem 5-8 / 2-8 Amortization Table Car loan of $20,000, 5 years (60 months) nominal interest rate is 12%, paid monthly Monthly Annual Rate / Years PMT I/YR N PV FV end rate nper pv fv type Amortization Table Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 Beg Bal PMT INT PRIN End BalStep by Step Solution
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