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Mr. Pedlowe is buying a house and needs a loan. He is borrowing $239,500 at a rate of 3.5% interest. He will make monthly payments

Mr. Pedlowe is buying a house and needs a loan. He is borrowing $239,500 at a rate of 3.5% interest. He will make monthly payments for 30 years. Calculate the payment amount using excel. Use EXCEL to fill in the table below.

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