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Loan Amortization ( 6 0 points - Excel or Spreadsheet File Upload Required ) Construct a monthly loan amortization schedule for $ 3 5 0

Loan Amortization (60 points - Excel or Spreadsheet File Upload Required)
Construct a monthly loan amortization schedule for $350,00030-year monthly fixed-payment mortgage. Loan
repayments are due monthly. The interest rate is 7.5% per year, and interests are compounding monthly.
What if, one year (exactly 12 months) into the loan, your client is able to make $30,000 additional payment? How
would this change the loan repayment? How much sooner would the loan be paid off?
Construct the amortization schedule in numbers on Excel or spreadsheet with traceable formulas and in graph,
for each scenario. (Your code in Excel must be made by yourself.) Then, provide verbal discussions of the results. I need to visually see the spreadsheet what is the best answer for this
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