2 Loan of $40,000 nominal rate per annum imtrate per month n years) 12.00% 1.00% 5.0 12 60.00 $40.000 $899.78 . 'n number of monthy repayments Loan End of month repayment Total Interest paid between period and period 5 Refer to the above screenshot. To calculate the total interest paid on the loan from period 0 to period 5, we could use the formula: Select one: a. =IPMT((rate,nper,pv,start_period, end period type) b. --CUMIPMT((rate, nper, pv,start_period, end period, type) c. =B7-(5*38) d. CUMINT (rate,nper,pv,start period, end period type) t G Search or type URL