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In this tutorial, the presenter shows how to create an amortization table in Excel from scratch. They start with a loan amount of $100,000, spread over 30 years, converted to monthly periods. The interest rate is 13% annually, but converted to a monthly rate. Using the PMT function in Excel, they calculate the monthly payment amount by inputting the rate, periods, present value, and future value. This calculation method ensures accurate payment results in Excel.