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please answer in excel form B C 1 1. You want to buy a house and you will put 25% of the total amount as

image text in transcribedplease answer in excel form

B C 1 1. You want to buy a house and you will put 25% of the total amount as down payment. If the house you want to buy is $600,000 and you can take out a loan at 3.85% 2 per year, how much will your loan bill be each month if you take out a 15-year mortgage loan from your local? (solve it as ordinary annuity). 5 House price 6 Down Payment 7 PV 8 FV 9 1/Y 10 N 11 PMT

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