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QUESTION 25 Using PMT function in MS Excel, calculate the monthly payment needed to fully pay for a new project manager's vehicle within acquisition cost

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QUESTION 25 Using PMT function in MS Excel, calculate the monthly payment needed to fully pay for a new project manager's vehicle within acquisition cost of $48,138 in 6 years (72 months). Your annual interest rate is 9.99%. (Answer in dollar amounts to 2 decimal places, i.e $12,345.67 or $7.89) =PMT(annual interest rate/12), number of monthly payments, original principal amount)

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