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In this tutorial from the "I Hate Math" group, the presenter demonstrates how to create an amortization table in Excel. They start with a loan amount of $100,000 and set the loan term to 30 years, converted into 360 monthly periods. The interest rate is established at 13% annually, which is adjusted to a monthly rate by dividing by 12. The presenter then uses the PMT function to calculate the monthly payment, inputting the monthly rate, total periods, and present value (loan amount), ensuring to enter the present value as a negative number to avoid negative payment results. The video guides viewers through these calculations step-by-step.