Excel, create the amortization table for a 15-year mortgage for $950,000 at 4.2% interest. Individual taxpayers...

Excel, create the amortization table for a 15-year mortgage for $950,000 at 4.2% interest. Individual taxpayers may be able to deduct the amount of interest that they paid on a mortgage for a personal residence. If the mortgage was issued on May 1, how much interest will be earned in the first year? How much interest will be earned in the second year? Upload your Excel file below.

I dont know how to create an ammortization in excel. It is due in 5 hours. Thanks :)

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Colby Messinger answered 1 year ago

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