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Given the table below, calculate the annual debt service obligation using the PMT function in Microsoft Excel: Loan Amount $75,000 Interest Rate 4.75% Periods (Term

Given the table below, calculate the annual debt service obligation using the PMT function in Microsoft Excel:

Loan Amount $75,000

Interest Rate 4.75%

Periods (Term in Years) 6

Compounding Periods per Year 1

Monthly Payment ?

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