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You just graduated college with your Bachelors Degree and accepted a job offer at your dream company. You decided to celebrate by purchasing a Tesla

You just graduated college with your Bachelors Degree and accepted a job offer at your dream company. You decided to celebrate by purchasing a Tesla Model S for $104,490. You have a 720 credit score, therefore you were able to get a 2.9% annual percentage rate (APR) on a 7 year loan. You will be making monthly payments starting on July 1,2023. Using Excel, prepare a professional amortization schedule for the entire 7 years. It must include the payment and the total amount of interest you will pay by month over the 7 years. (Hint: interest rates are annual, you must convert them to monthly and the periods must be in months, for example, how many months are in 7 years). The Excel cells must contain formulas when appropriate, I recommend cell referencing, and using both relative and absolute. Use the PMT function for the payment. DO NOT use the PPMT or the IPMT functions.
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\table[[4,A,,c,D,E,F,G,H,1],[1,loan amount,,,,,,,,],[2,annual imerest cate,2,90%,,,,,,,],[3,Loan term (years),7,,,,,,,],[4,loanterm (months),84,,,,,,,],[5,monthly interst rate,-backd 12,,,,,,,],[6,,,,,,,,,],[?,monthly parmens,,,,,,,,],[B,babs,FVALUEI,3,,,,,,],[9,,,s,,,,,,],[10,,,,,,,,,]]
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