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monthly (end of month) payment (PMT) $680.66 Monthly interest rate (RATE) 1.15% Months to pay off loan (NPER) 48 amount of loan from bank (PV)

monthly (end of month) payment (PMT) $680.66

Monthly interest rate (RATE) 1.15%

Months to pay off loan (NPER) 48

amount of loan from bank (PV) $25,000.00

The borrower wants to repay the loan in 158 months. using excel what will be the new monthly repayment?

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