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Please answer with excel formulas Amortization with equal payments - Excel HOME Arial 12 112 polnts e Sook print References FILE Paste C i p

Please answer with excel formulas
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Amortization with equal payments - Excel HOME Arial 12 112 polnts e Sook print References FILE Paste C i p board INSERT PAGE LAYOUT FORMULAS Alignment Number DATA Conditional Formatting REVIEW VIEW Sign In Format as Cell Table Styles Styles Cells Editing Prepare an amortization schedule for a five-year loan of $67 ,500_ The interest rate is 7 percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the loan? Loan amount Interest rate Loan term S 67,500 7% 5 Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. 13 ILoan gymen Yearl Beginning balance 2 3 4 5 Sheetl Total payment Interest paid Principal paid Ending balance Attempt(s)

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