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In this tutorial, the presenter explains how to create an amortization table in Excel from scratch. They start with a loan amount of $100,000, set over 30 years, which means 360 monthly periods. The interest rate is set at 13%, converted to a monthly rate by dividing by 12. To calculate the monthly payment, the presenter uses the PMT function in Excel, inputting the monthly rate, total periods, and the present value of the loan. They note to include a negative sign before the loan amount to avoid Excel generating a negative payment value. The tutorial emphasizes these steps clearly for viewers to follow.