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please answer in excel Your company is offering a mortage loan with the following terms: 5.00% annual interest rate. Period interest due at closing 150,000.00

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Your company is offering a mortage loan with the following terms: 5.00% annual interest rate. Period interest due at closing 150,000.00 mortgage loan amount 2.00% origination fee 25 vear tern, monthly payments, fully amortizing $150 pre-paid intrest $50 amortization schedual fee $725 apprasil feee Use Rate function to calculate the ARP for federal truth-in-lending purposes (similar to using COMPUTE V/Y on a financial calculator) solve for PMT = Net loan Proceeds= ARP

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