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Intro Your company took out an amortizing loan with the following terms AD B Amount 8.000 2 Term (years) 30 Interest rate 3% Part
Intro Your company took out an amortizing loan with the following terms AD B Amount 8.000 2 Term (years) 30 Interest rate 3% Part 1 BAttempt 1/10 for 10 pts What is the annual payment (as a positive number)? Use Excel's PMT) function 0+ decimals Submit Part 2 Attempt 1/10 for 10 pts Create an amortization table in Excel. What is the outstanding balance at the end of the first year? 0+ decimals Submit Part 3 What is the outstanding balance at the end of year 20? D-decimals Submit Part 4 What is the outstanding balance at the end of year 30? D+ decimals Submit Attempt 1/10 for 10 pts. Attempt 1/10 for 10 pts
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