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Next, you will calculate the total payment for each mortgage financed. Use the PMT function in cell H 9 to calculate the monthly payment based

Next, you will calculate the total payment for each mortgage financed.

Use the PMT function in cell H

9

to calculate the monthly payment based on the APR in cell G

9,

years financed in cell F

9,

and amount financed in cell D

9 .

Ensure the final value is positive. Use the appropriate absolute cell references and then copy the function down completing the column.

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