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Calculate monthly payment using PMT function in Excel and prepare amortization schedule.

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Question

Purchased used heavy-duty dump truck with plow for snow plowing from PP Equipment for $20,000, $500 down payment, 5%, 5-year note for remaining balance. Calculate monthly payment using PMT function in Excel and prepare amortization schedule.

 

Paper#24475 | Written in 18-Jul-2015

Price : $22
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