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Please show me how to compelte the full question, I will be completing this on excel so yoy can give me the formula way to
Please show me how to compelte the full question, I will be completing this on excel so yoy can give me the formula way to complete the question or the way excel functions complete it! Question 1: Calculate the monthly payments on a 15-year loan for
$200,000
. The loan has an interest rate of
4.5%
, and the bank uses monthly compounding (Please don't just give me the formula and not explain how to complete it).
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