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I need help finding the excel functions on how to do this, thanks! 4) Use the following loan information to answer the following: You are

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I need help finding the excel functions on how to do this, thanks!

4) Use the following loan information to answer the following: You are considering a 30 year home loan to finance $250,000 at an annual interest rate of 6.25% Payments are due at the first of each month, and after 30 years the loan will be paid off in full. Calculate the following: Monthly payment Interest paid in month 23 Principle paid in month 23 Total interest paid for months 13-20 Total principle paid for months 13-20

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