EXCEL: Complete the loan amortization schedule in the green cells below. You must use at least...

EXCEL: Complete the loan amortization schedule in the green cells below. You must use at least one of the following formulas (PMT, IPMT, PPMT) in your solution.

	Years				Periods per year
	30				12

Period	PMT	Interest	Principal Paid	Balance	Annual Interest Rate	Lump Sum
0				350,000.00
1					0.08
2					0.08
3					0.08	10,000.00
4					0.08
5					0.08
6					0.08
7					0.08
8					0.08
9					0.08
10					0.08
11					0.08
12					0.08
13					0.085
14					0.085
15					0.085
16					0.085

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jeff jeffy answered 2 years ago

Implement an amortization schedule of a loan of at least 5 years in excel

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