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What are the excel functions for: New WingLoan Worksheet 1. Calculate the number of loan payments, the monthly payment, the total amount to be paid,
What are the excel functions for:
New WingLoan Worksheet 1. Calculate the number of loan payments, the monthly payment, the total amount to be paid, and the total interest to be paid for a loan for a new wing to the museum. Use excel functions in functions library ribbian section. 2. Construct a loan amortization schedule in cell range C12:G131 The museum must also track various exhibits and manage the construction of them. File Home Insert Page Layout Formulas Data Review X 11 ab Currency Gill Sans MT BIU View Developer Conditional Formatting Format as Table Cell Styles $ %) Paste AP . y E == 60 00 .00 Clipboard Font Alignment Number Styles G5 D G H E F Calculated Values Number of Payments Monthly Payment Total of Payments Total Interest Paid A B 4 Input Variables 5 Amount of Loan $600,000 6 Interest Rate 3.25% 7 Term of Loan (years) 10 8 Payments per Year 12 9 Starting Date of Loan 6/1/2021 10 Beginning 11 Period Date Balance 12 16/1/2021 13 2 7/1/2021 14 3 8/1/2021 15 4 9/1/2021 16 5 10/1/2021 17 6 11/1/2021 18 7 12/1/2021 Remaining Balance Payment Interest Principal 19 8 1/1/2022 20 9 2/1/2022 10 3/1/2022 21 22 23 24 25 26 27 28 Il 4/1/2022 12 5/1/2022 13 6/1/2022 14 7/1/2022 15 8/1/2022 16 9/1/2022 17 10/1/2022 18 11/1/2022 19 12/1/2022 20 1/1/2023 21 2/1/2023 22 3/1/2023 23 4/1/2023 24 5/1/2023 29 30 31 32 33 34 35 Tucson Sedona AllLocations LookUps NewWing ... 1 Ready FAStep by Step Solution
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