Excel project

LoanAmount.xlsx

Sheet1

Note: Gold Gym has decided to take a loan of $75,000 to ensure that it can pay its expenses in 2020 and the start of 2021 should business continue to be poor. Please review the loan information and fill out the necessary fields for Gold Gym to bring to the bank. Remember that the loan payment must be part of your expenses beginning in July 2020.
Loan Information		Payment #	Beginning Balance	Interest Paid	Principal Payment	Ending Balance
Loan (PV)	$ 75,000.00
APR	6.50%
Monthly Rate
Years for Loan	4
No. of Periods
Monthly Payment