Provide the appropriate loan table showing the breakdown in, Financial Management

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Provide the appropriate loan table showing the breakdown in

You just took a $315,000, 30-year loan. Payments at the end of each month are flat (equal in every month) at an annual interest rate of 3.75 percent.

a) Calculate the monthly payment.

b) Provide the appropriate loan table, showing the breakdown in each month between principal repayment and interest.

Excel worksheet.

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Financial Management: Provide the appropriate loan table showing the breakdown in

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