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In excel with clear step. Thankyou. Q.2. Write Steps / formula/functions to create a loan and lease statement for a loan amount of Rs. 4,00,000

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In excel with clear step. Thankyou.

Q.2. Write Steps / formula/functions to create a loan and lease statement for a loan amount of Rs. 4,00,000 to be paid during 48 months @ 24% p.a.: A B D E F EMI Interest Loan Amount ? Time Period ? Rate of Interest ? EMI ? Month Opening Principal Amount 1 ? 2 ? 3 ? 4 ? Principal outstanding ? Principal Repayment Repayment

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