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Liam needs to calculate the monthly payment for a loan to purchase the Charles Street property. Calculate the payment as follows:a . In cell D
Liam needs to calculate the monthly payment for a loan to purchase the Charles Street property. Calculate the payment as follows:a In cell D start to enter a formula using the PMT function.b For the rate argument, divide the Rate by to use the monthly interest rate.CFor the per argument, use the TerminMonths to specify the number of periods.dFor the pv argument, use the Loan Amount to include the present value.Insert a negative sign after the equal sign in the formula to display the result as a positive amount.
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