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** please answer question in excel format You are going to borrow $250,000 to buy a house. What will your monthly payment be if the

** please answer question in excel format
You are going to borrow $250,000 to buy a house. What will your monthly payment be if the interest rate is .58% per month and you borrow the money for 30 years? PV = NPER = RATE = 250,000 360 (30 years * 12 months per year) 0.58% (Same as .0058) Monthly Payment = The payment was left as negative to indicate that it is a cash outflow

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