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show alll work and in excel as well and explain how you get the answer Question 2: terms. (20 Points) Prepare and paste a mortgage
show alll work and in excel as well and explain how you get the answer Question 2: terms. (20 Points) Prepare and paste a mortgage amortization schedule based on the following Amount: $840,000 10 Year Treasury plus 300 basis points Rate: Term: 10 Years Amortization: 30 Years Payment: Annually 2.1 What is the annual payment? 2.2 2.3 What is the payment constant? What is the mortgage balance at the end of year 10? For the first payment, how much is Interest? 2.3 Question 2: terms. (20 Points) Prepare and paste a mortgage amortization schedule based on the following Amount: $840,000 10 Year Treasury plus 300 basis points Rate: Term: 10 Years Amortization: 30 Years Payment: Annually 2.1 What is the annual payment? 2.2 2.3 What is the payment constant? What is the mortgage balance at the end of year 10? For the first payment, how much is Interest? 2.3
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