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Your company took out an amortizing loan with the following terms: What is the annual payment on the loan (as a positive number)? Use Excel's

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Your company took out an amortizing loan with the following terms: What is the annual payment on the loan (as a positive number)? Use Excel's PMT() function. Create an amortization table in Excel. What is the outstanding balance at the end of the first year? [. Attempt 1/10 for 10 pts. What is the outstanding balance at the end of year 20 ? - Attempt 1/10 for 10 pts. What is the outstanding balance at the end of year 30

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