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In this tutorial, the presenter demonstrates how to create an amortization table in Excel. They begin with a borrowed amount of $100,000 over a 30-year period, calculated monthly, resulting in 360 periods. The interest rate is set at 13%, which is adjusted to a monthly rate by dividing by 12. The presenter then explains how to calculate the monthly payment using the PMT function in Excel. This involves inputting the monthly rate, the number of periods, the present value (the loan amount with a negative sign), and a future value of zero. The finished setup provides the required monthly payment figure.
