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In this tutorial, the presenter explains how to create an amortization table in Excel. The example uses a loan amount of $100,000 with a 30-year term, which translates to 360 monthly periods. The interest rate is set at 13% annually, divided by 12 for monthly calculations. To determine the monthly payment, the presenter uses the PMT function in Excel, inputting the monthly rate, the total number of periods, and the present value as a negative to ensure the calculation yields a positive payment amount. The final result will provide the monthly payment needed for the loan.