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Use the SUM function in cell G7 to calculate the total amount paid (using the Regular Payment column) over the course of the loan. Use the SUM function in cell G8 to calculate the total interest paid (using the Interest Paid column) over the course of the loan. Both functions should return negative values.
Solved by F. L. in 15 mins
how to use IPMT function to calculate interest paid
Solved by X. D. in 28 mins
Hello,formula to calculate the total paid and interest over the life of the loan, using cell refences
Solved by M. Y. in 27 mins
hello, can you please explain how to calculate compound interest in excel without formula?
Solved by G. W. in 18 mins
I need to calculate interest on a loan and show how the interest amount changes as principle is paid on the load with no maturity date. The principle payments are calculated 4 different ways to show varying % of profits.